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2025 US home sales stuck at 30-year low as mortgage rates, prices weighed on market

Existing home sales stayed near the lowest in 30 years at about 4.06 million in 2025 despite mortgage rates dropping to around 6%, the National Association of Realtors said.

  • The U.S. housing market slump continued in 2025, with home sales remaining at a 30-year low of 4.06 million.
  • Rising home prices, with the median reaching $414,400 for the year, and elevated mortgage rates kept many potential buyers out of the market.
  • Despite a slight improvement in December due to lower mortgage rates, affordability remained a challenge, especially for first-time buyers.
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2025 US home sales stuck at 30-year low as mortgage rates, prices weighed on market

The U.S. housing market slump dragged into its fourth year in 2025, as sales remained stuck at a 30-year low with rising home prices and elevated mortgage rates keeping many prospective home shoppers shut out of the market.

·United States
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The Columbian broke the news in Vancouver, United States on Wednesday, January 14, 2026.
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