After a strong start to the year, the U.S. housing market hit a patch of weakness in July, with home-price growth slowing to its lowest level in 2025 and signaling that a broader cooling trend may be underway.
U.S. pending home sales climbed in August 2025, marking both monthly and annual gains as easing mortgage rates pulled more buyers back into the market.
Homebuyer affordability strengthened in August for the fourth consecutive month, as easing mortgage rates and rising incomes helped reduce monthly housing costs, according to new data from the Mortgage Bankers Association (MBA).
U.S. new-home sales posted an unexpectedly sharp gain in August 2025, helped by a dip in borrowing costs that lured buyers back into the market.