"The U.S. housing market is stabilizing, with modest home price growth and a significant increase in housing inventory favoring buyers."
"New home prices have seen a substantial decline, down 7.5% year-over-year, contrasting with the slight uptick in median home prices."
"As buyer power rises due to increased inventory, economists anticipate a balance in the housing market, projecting a price increase of 2-4% within the year."
"Realtor.com's Market Hotness Index ranks America's hottest housing markets based on demand dynamics, indicating local trends in home prices and sales."
The U.S. housing market experienced modest growth with a mere 0.8% increase in median home prices from May 2024 to May 2025. In contrast, new home prices dropped significantly by 7.5%, averaging around $403,600. Increased inventory, with approximately 34% more sellers than buyers, has empowered home buyers. Economists predict a market equilibrium with slight price increases between 2-4% within the year. Realtor.com identified the hottest housing markets based on various supply and demand indicators, reflecting local real estate trends. A stable housing market is vital for economic growth and employment.
Read at 24/7 Wall St.
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