Despite Home Sale Price Growth Slowing
Affordability Gap Widens in Hudson Valley
NEWBURGH, NY—Hudson Valley Pattern for Progress’ Center for Housing Solutions released its Q1 2026 Housing Market Report on May 1, which indicated that while growth in home prices has slowed in the region, most counties are still seeing sale price increases thereby further exacerbating housing affordability concerns in the region.
Among the key takeaways from the report is that housing prices in the Hudson Valley have far outpaced inflation. While inflation rose about 30% since 2019, home prices across the Hudson Valley increased roughly 70% to over 150% in some markets, widening the affordability gap.
Homeownership is becoming increasingly out of reach for first-time buyers, the Pattern report stated. Repeat buyers made up 79% of purchases, with higher down payments and a record median first-time buyer age of 40, signaling increasing barriers for new entrants.
To access the full report, go to: https://www.pattern-for-progress.org/wp-content/uploads/2026/05/Housing-quarterly-report-Q1-2026.pdf
Published: May 5, 2026