SCE HOUSING SURVEY
2026 SCE Housing Survey (Fielded in February): One-Year Expectations for Rent Increases Are Stable at 8 Percent; Expected Probability of Refinancing Climbs
- Households expect home prices to grow by a median of 4.0 percent over the next twelve months, unchanged from February 2025. However, five-year expectations decreased, with households anticipating median annualized price growth of 3.0 percent over the five-year period—0.1 percentage point (ppt) lower than in February 2025.
- Households expect rents to increase by 8.0 percent over the next twelve months, unchanged relative to the median expectation in February 2025.
- The average probability of moving over the next twelve months decreased to 13.5 percent from 15.4 percent in February 2025. The average probability of moving over the next three years is 21.7 percent, a decline of 2.0 ppts from February 2025.
- The average probability of buying a new home, conditional on moving in the next three years, is 52.9 percent—2.5 ppts lower than in February 2025. This is the lowest level in the series since February 2014.
- Homeowners’ expected probability of refinancing in the next year rose to 9.0 percent from 8.0 percent last year, reaching the highest level since February 2022.
