The U.S. housing market showed further signs of sluggish momentum in June 2025, as contract signings for home purchases dipped for the second consecutive month, underscoring persistent affordability challenges and buyer hesitation in many parts of the country.
Wildfires that ravaged Pacific Palisades, Malibu and Los Angeles areas for 3 weeks last January scorched an estimated $51.7 billion in residential real estate, marking one of the most financially devastating wildfire events in U.S. urban history, according to a new analysis by Redfin.
Palm Beach County's housing market softened in June, as total home sales fell 6% year-over-year, underscoring ongoing challenges in condo financing and shifting buyer-seller dynamics, according to new data released by the Miami Association of Realtors.
The average rate on a 30-year fixed mortgage in the United States held nearly flat this week, reflecting ongoing stability in borrowing costs amid a broadly resilient macroeconomic environment.
Posted on July 30, 2025
Posted on July 29, 2025