Home prices are still higher than last year, but the pace of growth has slowed. Two major reports show small month-to-month softening, yet year-over-year values continue to rise. If mortgage rates keep easing, buyer demand could strengthen again — and that may push prices higher going into 2026. Here’s what this means for you as a buyer: Prices are still higher than last year, so homes are holding their value. But the rate of increase has slowed, which gives you a little more

Many local homeowners are holding tight to their homes — and it’s easy to see why. Those who locked in low 3–4% mortgage rates during the pandemic aren’t eager to give them up for today’s mid-6% rates. This “golden handcuffs” effect is keeping inventory low across the islands. Homes that would normally come back on the market are staying off, making it harder for new buyers to find options and keeping prices steady. Here in Hawai‘i, that means fewer listings, strong demand, a