July 2025

Row of houses for sale, no homebuyers

Where Have All the Homebuyers Gone?

Over the last several years, the U.S. housing market has seen a sharp decline in buyer activity. In May from 2016 to 2022 (except 2020), over five million homes were sold at an annualized rate. In contrast, May 2025 saw just four million sales (NAR). This drop is not limited to first-time buyers—repeat buyers are also pulling back from the market. So, where have all the buyers gone?

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Q3-2025 Quarterly Economic & Housing Market Update

The strong inflation reading for June was largely due to higher shelter and food prices, as well as goods that are more prone to higher tariffs. The shelter category of the CPI (Consumer Price Index), which includes housing costs, continued to be a significant and persistent driver of overall inflation. The shelter index increased 3.8% over the last year. However, there are emerging indicators that housing cost pressures may be easing.

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Mid-Year Housing Market Review: Crashing, Growing,or Pausing?

In episode #37 of the RiskWire Webcast, Veros’ Economists delve into a mid-year review of the housing market. They touch on multiple aspects affecting highs and lows, including mortgage rates, supply, and demand. Tune in as they give their overarching conclusion on the status of the housing market in summer 2025.

Mid-Year Housing Market Review: Crashing, Growing,or Pausing? Read More »

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