"AI Summary Housing demand started to pick up more than three months ago and has stabilized the housing market. One reason many people are behind the curve on housing data is that they rely on outdated reports that are three to six months old. This is why it's very critical to track weekly live fresh housing data while understanding that weekly data can be very volatile, especially around national holidays like Columbus Day that result in a long weekend."
"A few months ago, I went on CNBC to talk about how the new home sales market and homebuilders act differently when mortgage rates head toward 6% once they break under 6.64% Weeks later, I went back on CNBC to talk about the new home sales report having a three-year high in sales and that you don't need 3%, 4% or 5% mortgage rates to get things going, but just getting toward 6% and holding in that area can work for the homebuilders."
"But what about the small builders those that don't have access to big balance sheets and higher profit margins to pay down rates. Last week, we got an update on the builders' confidence, and it surprised to the upside as well. Even the small builders, for the fourth time now since 2022, have seen growth in their six-month outlook when mortgage rates head toward 6%."
The housing market stabilized in mid-June 2025 as mortgage rates dropped below 6.64%, prompting renewed buyer demand and shifting inventory dynamics. Housing demand began rising more than three months earlier, contributing to the stabilization. Reliance on reports that are three to six months old causes many observers to lag current conditions. Weekly live housing data provides fresher signals but can be very volatile, especially around long holiday weekends. New home sales reached a recent three-year high, and homebuilders respond when rates approach 6%. Small builders also showed improved six-month outlooks as rates moved toward 6%.
Read at www.housingwire.com
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