Here's the latest stat showing how the US housing market has frozen over in 2025
Briefly

Here's the latest stat showing how the US housing market has frozen over in 2025
"New home sales fell 13.7% in May, highlighting the housing market's stagnation as buyers remain hesitant and sellers struggle to sell their properties."
"Despite an increase in housing supply, the housing market shows a notable shift to a buyers market with sales declining sharply, particularly in the South."
In May, new home sales in the U.S. tumbled by 13.7%, signaling a significant slowdown in the housing market. The decline was primarily driven by a 21% drop in the South, while the Northeast stood out with an increase in sales. With approximately 507,000 new homes available for sale and a supply period extending to 9.8 months, many experts are raising concerns. The housing market appears to have shifted from a seller's market to a buyer's market, as potential homebuyers express reluctance to purchase amid rising interest rates and other factors.
Read at Business Insider
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