Property Valuation

Inflation, employment, mortgage rates and construction are sending mixed signals. Inflation fell in June, but mortgage rates still climbed. The labor market is not collapsing, but it is losing momentum. The housing market is caught between two opposing forces: weaker buyer purchasing power and homeowners who remain financially strong enough not to sell.

See what the latest economic data mean for the U.S. housing market.

The housing market isn’t just being held back by affordability anymore—uncertainty is now taking center stage. Slowing hiring, rising costs, and weakening consumer confidence are quietly reshaping buyer behavior and stalling demand. The result is a spring housing market that looks active on the surface but is increasingly cautious underneath. Read the Q2-2026 Quarterly Update

What’s the outlook for 2026 and beyond? Veros’ economist provides a detailed economic overview of the United States in 2026, covering inflation trends, labor market conditions, mortgage rates, homebuilding activity, and housing affordability challenges. Read the Q1-2026 Quarterly Update

What’s the outlook for 2025 and beyond? Veros’ economist provides a detailed economic overview of the United States in 2025, covering inflation trends, labor market conditions, mortgage rates, homebuilding activity, and housing affordability challenges. Read the Q4-2025 Quarterly 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.