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.
72 Articles
72 Articles
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.
U.S. Housing Market Stuck Near 30-Year Sales Low
The U.S. housing market remained sluggish in 2025 as high prices and elevated mortgage rates continued to limit home sales. Sales of existing homes landed at 4.06 million for the year, barely moving from 2024 levels, according to figures released Wednesday by the National Association of Realtors. That total ties the weakest performance since the mid-1990s and extends a downturn that has now stretched back four consecutive years. Annual sales hav…
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