Housing Market Challenges and Affordability Outlook for 2025
TL;DR Summary
The housing market is struggling with record low home sales, slow price growth, and declining construction, primarily due to economic uncertainty, high mortgage rates, and external factors like immigration enforcement impacting workforce participation, leading to a challenging environment for buyers and builders alike.
Topics:business#economic-uncertainty#home-construction#home-sales#housing-market#mortgage-rates#real-estate
- The housing market is in the absolute dumps Axios
- Homeownership: Not Enough Supply for Middle-Income Buyers The New York Times
- The State of the Nation's Housing 2025 Harvard Joint Center for Housing Studies
- New housing report paints dour picture for Portland’s poorest renters The Portland Press Herald
- Here's how much you need to earn to buy a home in 2025, report shows LiveNOW from FOX
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