Despite a marginal rise to 94.89 in the Housing Market Hotness Index for the week ending March 30, 2025 (up from 94.65), the housing market’s activity remains subdued. This is due to ongoing challenges for buyers, who aren’t seeing relief in housing prices or mortgage rates, and for sellers, many of whom are locked into low interest rate contracts. Economic uncertainty and the stock market decline are further dampening consumer sentiment.
The most active counties were Monroe (NY), Santa Clara (CA), and the Capital Planning Region (CT), while Florida markets continued their slow pace.
*Index values are subject to revision as deemed necessary, contingent upon the receipt of new or updated data.
