Part 1/8:
Current State of the Housing Market: A Grim Outlook
As we approach the summer of 2025, the housing market's performance remains underwhelming, further confirming the predictions regarding sustained stagnation. Traditionally viewed as a bustling season for real estate, May has shown little activity, prompting concern among analysts and potential homebuyers alike.
Recent Sales Trends
The National Association of Realtors recently reported that existing home sales witnessed a 0.5% decline in March, translating to a seasonally adjusted annual rate of 4 million homes sold. This figure marks a 2% decrease from the previous year, signaling a continuous downturn in home sales, which is particularly alarming given the typical seasonal spike expected during spring.