Lance Lambert's analysis indicates a notable shift in the housing market, providing homebuyers with more leverage compared to the beginning of 2024. Recent data shows a deceleration in home price growth across the majority of the nation’s largest housing markets, particularly within the Sun Belt states like Texas and Florida. While many markets still experience price increases, a significant rise in those experiencing year-over-year price declines is anticipated. This evolving landscape highlights the varied dynamics across different regions as they respond to shifting supply and demand.
ResiClub reports a shift in the housing market that favors homebuyers, with most markets seeing decelerated price growth and increased leverage.
The article highlights that while home prices are generally slowing, there is still significant price variation across different housing markets.
In March 2024, 47 of the nation's 50 largest housing markets witnessed rising home prices, but by March 2025, that number dropped sharply to 34.
The softening of housing prices has been most pronounced in the Sun Belt, with Texas and Florida markets showing notable declines.
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