Line chart image showing Housing Market Hotness Index Sep 28, 2025

Housing Market Hotness Index Sep 28, 2025

The U.S. housing market continues to stagnate, with the Housing Market Hotness Index holding steady at 92.51 for late September 2025. Affordability challenges, a cooling labor market, and the “lock-in effect” are keeping both buyers and sellers on the sidelines.

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