Sabrina Speianu

May 2025 brought buyers more choices, with home inventory up 31.5% year-over-year—the 19th straight month of growth. While home prices held steady, rising mortgage rates slowed pending sales and drove a record share of price cuts. Explore key trends, regional shifts, and what they mean for affordability.

According to the Realtor.com April housing data, the housing market offered buyers more options as inventory continued to climb for the 17th straight month and new listings increased across most regions.

Our research team releases weekly housing trends reports looking at inventory metrics like the number of active listings and the pace of the market. Here’s what the housing market looked like the past week.

At a national level, we expect that housing inventory will continue to improve as gradually dropping mortgage rates and time help ease the lock-in effect on existing homeowners and builders continue to ramp up production. Nationwide sales and prices are expected to grow modestly while some markets across the country are projected to see much stronger growth in both sales and prices in 2025. This report dives into the wheres and whys around 2025's Top Housing Markets.

Mortgage rates are expected to keep mortgage payments essentially unchanged in 2025 despite continued home price growth. With Donald Trump’s victory in the 2024 election, the U.S. housing market could see significant shifts, from regulatory changes to tax policies, and potentially even a recalibration of housing supply and demand dynamics especially since President-elect Trump is a developer himself.

According to the Realtor.com April housing data, the small but meaningful affordability gains seen since the start of the year were eclipsed by a renewed rise in mortgage rates, fueled by stronger-than-expected inflation and employment readings in March and April. 

According to the Realtor.com® March housing data, the nation’s inventory of homes for sale continued to grow, as positive home selling sentiment resulted in more affordable, newly listed homes being added to the market.

According to Realtor.com® February housing data, the number of homes for sale and new listing activity continue to improve compared to last year. However, the inventory of homes for sale still has a long journey back to pre-pandemic levels. With few existing homes for sale, listing prices continue to slowly rise and time on the market remains below recent years.

According to Realtor.com®’s January housing data, the number of homes for sale and new listing activity continues to improve compared to last year. However the inventory of homes for sale still has a long journey back to pre-pandemic levels. With few existing homes for sale, listing prices continue to slowly rise and time on market remains below recent years.

According to Realtor.com®’s December housing data, more sellers listed their homes this December than the same time last year, as inventory continued to increase into the winter.

As noted in our 2024 National Housing Forecast, at a national level, we expect that housing affordability begins to turn around as mortgage rates ease and home prices dip. Although nationwide, home sales are expected to edge just slightly higher, some markets across the country are projected to fare differently. Sales growth is the main propellant for top housing markets in 2024, with price growth also contributing, but generally to a lesser degree. Affordable markets in the Northeast and Midwes…

Realtor.com’s forecast and housing market predictions on key trends that will shape the year ahead. Home prices, market trends and more as we look toward 2024.

According to Realtor.com®’s June housing data, growth in the inventory of homes actively for sale slowed nationally and declined in many metropolitan areas across the country as sellers continued to list fewer homes than last year and buyers competed over the remaining affordable homes for sale.According to Realtor.com®’s July housing data, the nation’s median list price declined compared to the same time last year for the second month in a row and homes listings continue to spend more time on the market than last July.

According to Realtor.com®’s February housing data, the inventory of homes for sale continued to grow, driven by homes spending more time on the market as buyers continued to face affordability constraints.

According to Realtor.com®’s January housing data, the number of homes for sale is continuing to grow compared to last year as time on market slows but home inventory is still below pre-pandemic levels.

In this 2023 update to our best markets for first-time homebuyers, we will highlight which markets surfaced to the top of our list and explore some of the factors that make them an appealing choice. Whether you’re looking for a starter home or a forever home, these markets are worth looking into in 2023.

In December, people’s opinions about buying a home improved slightly due to lower interest rates and the expectation of them continuing to go down. However, people’s opinions about selling a home decreased due to the belief that home prices will go down in the future.

Realtor.com’s top 10 housing markets for 2023 are mid-sized manufacturing hubs where housing remains relatively affordable. Home sales and prices will continue to grow in these markets where housing did not experience the same level of pandemic frenzy as other areas.

Realtor.com®’s November housing data release reveals a housing market that continued to cool, with rising inventory levels, fewer pending listings, a slower pace of sales, and slowing price growth.

Realtor.com®’s September housing data release reveals that the housing market is continuing to moderate, with homes selling less quickly than last year, home inventory growth stalling, and listing price growth slowing.