The Oahu housing market continued its positive momentum in June 2026, with both single-family home and condominium prices posting year-over-year gains. Buyer demand remained healthy, inventory followed typical seasonal patterns, and sales activity reached its highest point of the year.

Oahu's real estate market continued to follow typical seasonal trends in May 2026, with steady buyer demand supporting both home and condo prices. While affordability challenges, economic uncertainty, and global events continue to influence buyer behavior, the island's housing market remains resilient.

In this month’s Hawaii News Now Sunrise segment, Chad Takesue, Interim CEO of Locations, discusses the recent volatility in mortgage rates and the broader forces shaping today’s housing market. From global uncertainty to local affordability pressures, multiple factors are influencing both buyer behavior and development activity across Oahu.

Oahu’s real estate market continued to show two distinct trends in April 2026: strong competition in the single-family home market and a gradually improving resale condo market. While affordability challenges and higher mortgage rates continue to shape buyer behavior across Hawaii, demand for homes on Oahu has remained steady, especially in neighborhoods with limited inventory.