News

The U.S. housing market is cooling as price growth slows to 1.7 percent year-over-year, with some major metros seeing monthly declines, reports World Property Journal.

The U.S. housing market showed only a slight dip in August, but The Epoch Times reports industry experts remain optimistic about the fall season as first-time buyers return and sales stay ahead of last year.

Home flipping is losing its shine in 2025, with profits sinking to their lowest level since 2008. A recent report from World Property Journal shows that while flips still make up a notable share of sales, rising costs and shrinking margins are making it harder for investors to see big returns.

CNBC reports that on September 17, 2025, the Federal Reserve cut its benchmark rate by 25 basis points to 4.00%–4.25%, citing concerns over a cooling labor market.

CNN.com reports that the U.S. housing market has added $20 trillion in value over the past five years, reaching about $55 trillion. While states like New York and New Jersey posted major gains, markets in California, Florida, and Texas saw recent declines, reflecting shifting demand and affordability pressures.

CNBC reports that investors are confident the Federal Reserve will lower rates in September, but the longer-term outlook is less clear. Questions remain about how many cuts will follow and how the economy will respond.

Home price growth slowed in the second quarter of 2025, but affordability remains a major challenge for buyers. Data from The World Property Journal shows that while the national median price hit a record $429,400, fewer metro areas are seeing sharp increases, highlighting a cooling trend across the U.S. housing market.

Mortgage applications rose 3.1% in late July 2025, ending a four-week decline, according to The World Property Journal. Falling interest rates encouraged both buyers and homeowners to return to the market, with refinancing up 5% and purchase applications gaining 2% for the week.