US EditionWhy New-Home Prices Are Falling in Summer 2025 – and Where Buyers Can Find Deals Now
UNITED STATES, JUL 14 – Nearly one-third of the largest 100 U.S. metro areas saw home prices fall at least 1% in June 2025 amid rising inventory and high mortgage rates, reports ICE Mortgage Technology.
- New-Home prices have been falling significantly in many U.S. markets by mid-2025, including Florida, California, and Texas, reflecting a cooling housing market.
- This decline results from rising inventory, high mortgage rates in the high 6% range, and slowing buyer demand following the pandemic housing boom.
- Markets such as Salt Lake City and Austin saw price drops over 14%, while Denver faced a large inventory surge and price correction with median home prices down 3.6%.
- Real estate analyst Nick Gerli noted May's unprecedented inventory spike, and Realtor.com reported 20.7% of listings had price cuts in June 2025, the highest since 2016.
- These trends suggest new opportunities for affordability and buyer leverage, though economists warn that these lower prices and incentives may not last.
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Why new-home prices are falling in summer 2025 – and where buyers can find deals now | News Channel 3-12
Juice Flair // Shutterstock Why new-home prices are falling in summer 2025 – and where buyers can find deals now For home shoppers holding out for better prices, now might be the time to start looking. Prices in many of the country’s most popular markets — including markets in Florida, California, and Texas — have fallen significantly, reports NewHomeSource. “New-home prices can come down for one of two reasons,” says Ali Wolf, chief economist f…
Helena Independent Record
Why new-home prices are falling in summer 2025 – and where buyers can find deals now
NewHomeSource reports that new home prices are falling in 2025, making markets more accessible for buyers. Urgency is essential as prices may not last.
U.S. home prices are losing steam with most big markets below peak
The U.S. housing market is close to stalling out, with prices in more than half the country’s top 100 housing markets now below their peak, according to the latest data from Intercontinental Exchange.
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