In a pre-recorded speech during the National Association of Realtors Legislative Meetings 2025, President Trump asserted his commitment to lowering inflation to make homeownership attainable for millions of Americans. He emphasized that decreasing inflation would lead to reduced interest rates, thus enhancing accessibility to housing. Trump highlighted April's inflation rate at 2.3%, alongside rising incomes, signaling potential for a better real estate market. However, he faced criticism of Federal Reserve Chairman Jerome Powell, arguing for more aggressive action against inflation while addressing the ongoing homebuying challenges affecting affordability.
"I love people that are in the real estate business. You play a vital role in helping Americans achieve the dream of homeownership, and together, we will make the American dream more attainable than ever before."
"We are working to rapidly defeat inflation, which will bring down interest rates and put homeownership within the reach of millions for the first time in years."
"April's inflation rate-2.3%-is much lower than expected. Income soared by 0.8% in one month, almost triple expectations and close to record territory."
"The Fed will be meeting mid-June and will announce any decision on rates when it wraps up its two days of meetings."
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