Sign up to save your podcasts
Or
Share "US Housing Market Slowdown: Rates, Prices, and Buyer Behavior in 2025"
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
"US Housing Market Slowdown: Rates, Prices, and Buyer Behavior in 2025"
The U S housing industry is currently experiencing a marked slowdown as of mid November 2025. Mortgage rates have edged up again with the average 30 year rate rising to 6.24 percent this week, just below last year’s rate of 6.78 percent. Despite a slight dip earlier this fall, rates above 6 percent have kept affordability at a decades low, limiting the ability of many would be buyers to enter the market. Mortgage purchase applications jumped nearly 6 percent last week after a recent decline in rates, but refinancing has slipped as rates begin ticking back up.
Home sales remain sluggish. Nationally, pending home sales fell 0.3 percent from a year ago for the first time in four months, and homes are now selling at their slowest pace for this season since 2019. The typical time on market is close to two months, up nearly 75 percent from a year ago in some regional markets, reflecting both increased inventory and buyer hesitation.
Home price growth has stalled. Median U S home prices rose just 1.3 percent over the past year to 385,000 dollars, well below this summer’s peak of 395,000 dollars. About 30 percent of markets are seeing year over year price declines, with the steepest drops in cities like Austin, Texas where prices plunged 4.6 percent in the past year and sit 22 percent below their 2022 peak. Nearly 900,000 new homeowners are now underwater on their mortgages, indicating localized market stress and fueling a significant 52 percent yearly surge in delistings as sellers resist realizing losses.
Consumer behavior shows a clear shift toward caution. More sellers are accepting VA and low down payment loans, giving buyers more power as price reductions become common. Inventory is at its highest October level since 2021, improving choices for buyers but leaving many sellers facing longer waits and lower prices. No major new product launches or regulatory changes have emerged in the past week, but the Federal Reserve’s recent rate cuts have not translated into relief for buyers as hoped.
Overall, industry leaders are responding with increased incentives and more flexible financing, but affordability challenges persist and market momentum remains weak compared to last year and to the rising activity reported during the late summer rate dip.
For great deals today, check out https://amzn.to/44ci4hQ
This content was created in partnership and with the help of Artificial Intelligence AI
Home sales remain sluggish. Nationally, pending home sales fell 0.3 percent from a year ago for the first time in four months, and homes are now selling at their slowest pace for this season since 2019. The typical time on market is close to two months, up nearly 75 percent from a year ago in some regional markets, reflecting both increased inventory and buyer hesitation.
Home price growth has stalled. Median U S home prices rose just 1.3 percent over the past year to 385,000 dollars, well below this summer’s peak of 395,000 dollars. About 30 percent of markets are seeing year over year price declines, with the steepest drops in cities like Austin, Texas where prices plunged 4.6 percent in the past year and sit 22 percent below their 2022 peak. Nearly 900,000 new homeowners are now underwater on their mortgages, indicating localized market stress and fueling a significant 52 percent yearly surge in delistings as sellers resist realizing losses.
Consumer behavior shows a clear shift toward caution. More sellers are accepting VA and low down payment loans, giving buyers more power as price reductions become common. Inventory is at its highest October level since 2021, improving choices for buyers but leaving many sellers facing longer waits and lower prices. No major new product launches or regulatory changes have emerged in the past week, but the Federal Reserve’s recent rate cuts have not translated into relief for buyers as hoped.
Overall, industry leaders are responding with increased incentives and more flexible financing, but affordability challenges persist and market momentum remains weak compared to last year and to the rising activity reported during the late summer rate dip.
For great deals today, check out https://amzn.to/44ci4hQ
This content was created in partnership and with the help of Artificial Intelligence AI
View all episodes
By Inception Point AiThe U S housing industry is currently experiencing a marked slowdown as of mid November 2025. Mortgage rates have edged up again with the average 30 year rate rising to 6.24 percent this week, just below last year’s rate of 6.78 percent. Despite a slight dip earlier this fall, rates above 6 percent have kept affordability at a decades low, limiting the ability of many would be buyers to enter the market. Mortgage purchase applications jumped nearly 6 percent last week after a recent decline in rates, but refinancing has slipped as rates begin ticking back up.
Home sales remain sluggish. Nationally, pending home sales fell 0.3 percent from a year ago for the first time in four months, and homes are now selling at their slowest pace for this season since 2019. The typical time on market is close to two months, up nearly 75 percent from a year ago in some regional markets, reflecting both increased inventory and buyer hesitation.
Home price growth has stalled. Median U S home prices rose just 1.3 percent over the past year to 385,000 dollars, well below this summer’s peak of 395,000 dollars. About 30 percent of markets are seeing year over year price declines, with the steepest drops in cities like Austin, Texas where prices plunged 4.6 percent in the past year and sit 22 percent below their 2022 peak. Nearly 900,000 new homeowners are now underwater on their mortgages, indicating localized market stress and fueling a significant 52 percent yearly surge in delistings as sellers resist realizing losses.
Consumer behavior shows a clear shift toward caution. More sellers are accepting VA and low down payment loans, giving buyers more power as price reductions become common. Inventory is at its highest October level since 2021, improving choices for buyers but leaving many sellers facing longer waits and lower prices. No major new product launches or regulatory changes have emerged in the past week, but the Federal Reserve’s recent rate cuts have not translated into relief for buyers as hoped.
Overall, industry leaders are responding with increased incentives and more flexible financing, but affordability challenges persist and market momentum remains weak compared to last year and to the rising activity reported during the late summer rate dip.
For great deals today, check out https://amzn.to/44ci4hQ
This content was created in partnership and with the help of Artificial Intelligence AI
Home sales remain sluggish. Nationally, pending home sales fell 0.3 percent from a year ago for the first time in four months, and homes are now selling at their slowest pace for this season since 2019. The typical time on market is close to two months, up nearly 75 percent from a year ago in some regional markets, reflecting both increased inventory and buyer hesitation.
Home price growth has stalled. Median U S home prices rose just 1.3 percent over the past year to 385,000 dollars, well below this summer’s peak of 395,000 dollars. About 30 percent of markets are seeing year over year price declines, with the steepest drops in cities like Austin, Texas where prices plunged 4.6 percent in the past year and sit 22 percent below their 2022 peak. Nearly 900,000 new homeowners are now underwater on their mortgages, indicating localized market stress and fueling a significant 52 percent yearly surge in delistings as sellers resist realizing losses.
Consumer behavior shows a clear shift toward caution. More sellers are accepting VA and low down payment loans, giving buyers more power as price reductions become common. Inventory is at its highest October level since 2021, improving choices for buyers but leaving many sellers facing longer waits and lower prices. No major new product launches or regulatory changes have emerged in the past week, but the Federal Reserve’s recent rate cuts have not translated into relief for buyers as hoped.
Overall, industry leaders are responding with increased incentives and more flexible financing, but affordability challenges persist and market momentum remains weak compared to last year and to the rising activity reported during the late summer rate dip.
For great deals today, check out https://amzn.to/44ci4hQ
This content was created in partnership and with the help of Artificial Intelligence AI