Housing Market

The U.S. Housing Market Hotness Index dipped to 90.14 at the end of November, highlighting a market still frozen by affordability challenges and seller hesitation. While many regions remain sluggish, parts of the Northeast and Midwest continue to show strong demand and faster sales activity. Florida and Texas, however, remain among the softest markets in the country.

The Housing Market Hotness Index rose slightly to 91.20 for the week ending November 23, yet the market remains largely frozen as both buyers and sellers hold back. Stronger activity persists in parts of the Northeast and Midwest, while regions in Florida and Texas continue to cool under rising costs and weaker demand.

The Housing Market Hotness Index ticked up to 91.04 in mid-November, but the overall market remains sluggish as both buyers and sellers hesitate to act. Affordability barriers, high mortgage rates, and entrenched rate-lock continue to limit movement. Regional trends show strong activity in the Northeast and Midwest, while parts of Florida and Texas continue to cool.

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.