U.S. home sales hit a 10-year low
- U.S. Home sales reached a 10-year low in February 2025, with 248,233 residences sold nationwide at $352,000 median price.
- This drop followed the Federal Reserve’s interest rate hikes beginning in early 2022 aimed at combating the worst inflation in four decades.
- Homebuying fell 37% over three years and stayed below a 4-million annual pace for nine consecutive months, while median payments nearly tripled to $1,843 despite a 50% income rise.
- The median price in February 2025 was 4% below the June 2024 high of $365,000 and ranks ninth highest on record, highlighting sustained high prices amid declining sales.
- Limited affordability, economic uncertainty, and stubbornly high home prices have discouraged many potential buyers, chilling the nationwide housing market.
23 Articles
23 Articles

U.S. home sales hit a 10-year low
The last time the U.S. housing market was this slow, “Fifty Shades of Grey” topped the box office and “Uptown Funk” was the No. 1 song. To get a broader glimpse into the nation’s housing market, my trusty spreadsheet reviewed a slightly different set of home sales figures created for the Southern California News Group by the real estate data firm Attom. Unlike many industry yardsticks that track only existing single-family homes, Attom’s statist…

Vancouver home sales continue falling in April amid trade war: board
Vancouver home sales activity was down again in April as the city's real estate board says some buyers are likely trying to "patiently wait out the storm" with the ongoing Canada-U.S. trade war.
Vancouver home sales continued to fall in April amid trade war, real estate board says
Greater Vancouver Realtors says residential sales in the region totalled 2,163 last month, a 23.6% decrease from the 2,831 sales recorded in April 2024 and 28.2% below the 10-year seasonal average
Homes Sales In Greater Vancouver Down 24% Amidst Economic Turmoil
When interest rates are low, real estate markets generally see more activity, but even that tried and true trend has been bucked by the trade war with the United States, according to new statistics published by Greater Vancouver Realtors (GVR) on Friday. In April, the Greater Vancouver region recorded a grand total of 2,163 home sales, a total that's 23.6% below the April 2024 total of 2,831 and 28.2% below the 10-year April average of 3,014. It…
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