How to think about home prices for the rest of 2025
Home sales have continued to disappoint through the peak buying season and are only now just showing some growth over last year.
Home Prices
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Zillow: Luxury housing market slowed in April
Despite a market slowdown, prices have continued to rise as luxury home values increased 2.7% year over year.
Home-price growth at decade low, Florida markets lead declines
Notably, Florida — once a hotbed of rapid appreciation — led the nation in price declines. The state posted a -0.8% year-over-year drop
DOGE effect? Housing inventory in DC is rising faster than the rest of the country
Are federal layoffs having an impact on the D.C. housing market? A divergence between condos and single-family homes could be a clue.
With more inventory, where are home prices headed?
Housing inventory is growing and returning to normal levels while sales remain depressed. But that doesn’t mean a big drop in home prices.
Where land-use regulations are driving up housing costs
The federal government has few options for addressing housing costs because most land-use regulations are administered at the local level.
More home sellers and home sales in May
The risk for this market is mortgage rates going higher. Even as the stock market has rebounded, the bond market has kept rates high.
NAR: Home prices are up in 83% of metros
According to the National Association of Realtors, 189 of 228 metro areas saw an uptick in the median price for a single-family home.
Home sales disappoint at the end of April
Weekly single-family home sales came in 8% below the same time last year, and condo sales came in 19% fewer.
Easter-driven home sales dip masks recent growth
Last week’s pending home sales fell to 68,000 single-family contracts, a Easter lull that marks the first sub-2024 weekly tally in six weeks.