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US Housing Market Stabilizes: Softer Demand, Rising Inventory, and Buyer-Friendly Conditions
In the past 48 hours, the US housing industry shows signs of stabilizing after several years of volatility. As of August 7, the average 30-year mortgage rate fell to 6.63 percent, its lowest since April. This has prompted a modest rise in buyer activity, with mortgage-purchase applications up two percent week over week. The national median sale price sits at 396,991 dollars, a 2.1 percent increase year over year, but remains one thousand eight hundred dollars below the all-time high, suggesting price growth has slowed. The number of homes for sale increased 8.5 percent year over year, and national inventory climbed by nearly 24 percent compared to last July, reaching its highest level since 2020. Months of inventory now stand at 4.92, close to what experts consider a balanced market.
Market leaders have responded to softened demand and rising supply by negotiating more and cutting prices. In 2025, price cuts are up 25.7 percent over last year, and sellers in key markets like the Bay Area, Phoenix, and Florida are increasingly accepting offers under asking price or offering incentives such as money for repairs or closing costs. Builders face a rare surplus of unsold finished homes in about 35 percent of US markets, resulting in aggressive discounting. Despite challenging conditions, contract volume for July rose nearly nine percent year over year, led by strong demand for affordable and higher-priced homes alike.
New housing starts are steady, with about one point six eight million new homes expected to be built this year, bringing the national total to roughly 144.9 million housing units. Although new listings are slightly down compared to last year, stable prices and rising inventory indicate a shift toward more buyer-friendly conditions. Consumers have become increasingly selective, focusing on homes offering value and affordability, as reflected in the popularity of smaller units and suburban properties near major job centers.
This week’s trends mark a clear departure from the rapid price appreciation and inventory crunch seen in previous years. With lower rates sparking renewed interest among buyers, industry leaders anticipate further negotiation, steady price moderation, and continued adjustments to supply through year-end.
For great deals today, check out https://amzn.to/44ci4hQ
This content was created in partnership and with the help of Artificial Intelligence AI
Market leaders have responded to softened demand and rising supply by negotiating more and cutting prices. In 2025, price cuts are up 25.7 percent over last year, and sellers in key markets like the Bay Area, Phoenix, and Florida are increasingly accepting offers under asking price or offering incentives such as money for repairs or closing costs. Builders face a rare surplus of unsold finished homes in about 35 percent of US markets, resulting in aggressive discounting. Despite challenging conditions, contract volume for July rose nearly nine percent year over year, led by strong demand for affordable and higher-priced homes alike.
New housing starts are steady, with about one point six eight million new homes expected to be built this year, bringing the national total to roughly 144.9 million housing units. Although new listings are slightly down compared to last year, stable prices and rising inventory indicate a shift toward more buyer-friendly conditions. Consumers have become increasingly selective, focusing on homes offering value and affordability, as reflected in the popularity of smaller units and suburban properties near major job centers.
This week’s trends mark a clear departure from the rapid price appreciation and inventory crunch seen in previous years. With lower rates sparking renewed interest among buyers, industry leaders anticipate further negotiation, steady price moderation, and continued adjustments to supply through year-end.
For great deals today, check out https://amzn.to/44ci4hQ
This content was created in partnership and with the help of Artificial Intelligence AI
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By Inception Point AiIn the past 48 hours, the US housing industry shows signs of stabilizing after several years of volatility. As of August 7, the average 30-year mortgage rate fell to 6.63 percent, its lowest since April. This has prompted a modest rise in buyer activity, with mortgage-purchase applications up two percent week over week. The national median sale price sits at 396,991 dollars, a 2.1 percent increase year over year, but remains one thousand eight hundred dollars below the all-time high, suggesting price growth has slowed. The number of homes for sale increased 8.5 percent year over year, and national inventory climbed by nearly 24 percent compared to last July, reaching its highest level since 2020. Months of inventory now stand at 4.92, close to what experts consider a balanced market.
Market leaders have responded to softened demand and rising supply by negotiating more and cutting prices. In 2025, price cuts are up 25.7 percent over last year, and sellers in key markets like the Bay Area, Phoenix, and Florida are increasingly accepting offers under asking price or offering incentives such as money for repairs or closing costs. Builders face a rare surplus of unsold finished homes in about 35 percent of US markets, resulting in aggressive discounting. Despite challenging conditions, contract volume for July rose nearly nine percent year over year, led by strong demand for affordable and higher-priced homes alike.
New housing starts are steady, with about one point six eight million new homes expected to be built this year, bringing the national total to roughly 144.9 million housing units. Although new listings are slightly down compared to last year, stable prices and rising inventory indicate a shift toward more buyer-friendly conditions. Consumers have become increasingly selective, focusing on homes offering value and affordability, as reflected in the popularity of smaller units and suburban properties near major job centers.
This week’s trends mark a clear departure from the rapid price appreciation and inventory crunch seen in previous years. With lower rates sparking renewed interest among buyers, industry leaders anticipate further negotiation, steady price moderation, and continued adjustments to supply through year-end.
For great deals today, check out https://amzn.to/44ci4hQ
This content was created in partnership and with the help of Artificial Intelligence AI
Market leaders have responded to softened demand and rising supply by negotiating more and cutting prices. In 2025, price cuts are up 25.7 percent over last year, and sellers in key markets like the Bay Area, Phoenix, and Florida are increasingly accepting offers under asking price or offering incentives such as money for repairs or closing costs. Builders face a rare surplus of unsold finished homes in about 35 percent of US markets, resulting in aggressive discounting. Despite challenging conditions, contract volume for July rose nearly nine percent year over year, led by strong demand for affordable and higher-priced homes alike.
New housing starts are steady, with about one point six eight million new homes expected to be built this year, bringing the national total to roughly 144.9 million housing units. Although new listings are slightly down compared to last year, stable prices and rising inventory indicate a shift toward more buyer-friendly conditions. Consumers have become increasingly selective, focusing on homes offering value and affordability, as reflected in the popularity of smaller units and suburban properties near major job centers.
This week’s trends mark a clear departure from the rapid price appreciation and inventory crunch seen in previous years. With lower rates sparking renewed interest among buyers, industry leaders anticipate further negotiation, steady price moderation, and continued adjustments to supply through year-end.
For great deals today, check out https://amzn.to/44ci4hQ
This content was created in partnership and with the help of Artificial Intelligence AI