Reena Agrawal

The U.S. housing market continued to lose steam in late October, with the Housing Market Hotness Index slipping to 90.23. Even as mortgage rates fell to their lowest level in a year at 6.17%, uncertainty about jobs and the economy is holding back demand.

The U.S. housing market continued to lose steam in late October, with the Housing Market Hotness Index slipping to 90.23. Even as mortgage rates fell to their lowest level in a year at 6.17%, uncertainty about jobs and the economy is holding back demand.

The U.S. Housing Market Hotness Index held steady at 92.0 for the week ending October 19, 2025, suggesting a market in limbo. Even with mortgage rates falling to the low-6% range and a rallying stock market, affordability and economic uncertainty continue to hold back buyers.

The U.S. Housing Market Hotness Index fell to 91.94 in early October 2025, reflecting ongoing weakness driven by a softening labor market and rising foreclosures. Although mortgage rates have eased slightly, affordability challenges persist as buyers remain cautious, and listings decline.

The U.S. housing market remains sluggish, with the Hotness Index holding at 92.24 for the week ending October 5, 2025. Despite mortgage rates easing to 6.3%, high home prices and economic uncertainty continue to dampen buyer activity. San Francisco leads the nation’s hottest markets, fueled by the AI boom.

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.

The U.S. housing market shows little movement despite mortgage rates easing, with the Hotness Index holding steady at 92.57. Buyers remain hesitant due to economic uncertainty, limited supply, and elevated home prices, while many sellers prefer to delist instead of cutting prices.

The U.S. Housing Market Hotness Index inched up to 92.29 for the week ending September 14, 2025, from 91.18 the week before, showing only a slight pickup in activity. Mortgage rates have fallen to their lowest level in nearly a year, yet elevated home prices and a weakening labor market continue to weigh on buyer demand.

The U.S. Housing Market Hotness Index dropped to 91.18 for the week ending September 7, 2025. Mortgage rates have eased to an 11-month low of 6.35%, yet elevated home prices and a weakening labor market continue to restrain buyer demand.

The U.S. Housing Market Hotness Index fell to 92.68 for the week ending August 31, 2025, the fourth consecutive week of cooling. Mortgage rates remain too high to spur demand or unlock rate-locked sellers, while economic concerns and job security fears are prompting many to wait on the sidelines.