Navigating Housing’s Next Phase
As of mid-2025, the U.S. housing market faces ongoing economic uncertainty, high mortgage rates and affordability challenges, with regional variations in inventory shaping buyer behavior. While Sunbelt states like Texas and Florida experience rising supply and price incentives, the Midwest and Northeast remain supply-constrained, supporting moderate price growth. Tariffs, inflation and a cautious Federal Reserve policy add further complexity, while demand for single-family rentals stays strong amid declining homeownership affordability and waning international buyer activity.