Might 30, 2025

  • Hannah Jones

Might 30, 2025

  • The Realtor.com® economics workforce video replace provides you the related financial and actual property data that you must know every week each Friday to navigate the housing market as a homebuyer, house vendor, or business skilled.
  • For the week ending Might 30, Realtor.com® Senior Financial Analysis Analyst Hannah Jones discusses the newest information on pending house gross sales and the Case-Shiller Residence Value Index. She appears to be like at new Realtor.com survey information on how owners and potential patrons are feeling about mortgage charges, in addition to the newest Realtor.com weekly housing information. Lastly, as commencement season involves a detailed, she shares the high rental markets for current faculty graduates.
  • You’ll discover all the main points together with full stories and our housing information for obtain at realtor.com/analysis. You can too observe us on X (previously twitter) for actual time updates. And instagram @realtordotcomecon for graphics.

VIDEO TRANSCRIPT:

  • I’m Hannah Jones, Senior Financial Analysis Analyst at Realtor.com®. To shut out this vacation week, I’m going to cowl the newest information on pending house gross sales and the Case-Shiller Residence Value Index. I’ll have a look at new Realtor.com survey information on how owners and potential patrons are feeling about mortgage charges. I’ll additionally cowl the newest Realtor.com weekly housing information. Lastly, as new grads toss their caps and look to the highway forward, I’ll share the high rental markets for current faculty graduates.
  • Let’s begin with pending house gross sales which fell sharply in April and likewise trailed behind one 12 months in the past. All 4 areas noticed contract signings fall on a month-to-month foundation, and most noticed an annual decline as nicely. 
  • The newest Client Confidence information affords a counterpoint to subdued pending house gross sales. The index surged in Might after 5 months of decline, together with an uptick in plans to buy a house, due largely to a spike in shopper expectations on the heels of the pause in tariffs on imports from China.
  • The newest Case Shiller information on house costs in March confirmed an uptick, led by cities like New York, Chicago, and Cleveland. 
  • Elevated house costs and excessive mortgage charges proceed to problem patrons. A Realtor.com survey discovered that over one-third have delayed buying as a result of charges, with most solely keen to purchase if charges drop under 5%.
  • Roughly half of Millennial and Gen Z respondents have delayed their shopping for plans as a result of excessive mortgage charges. Nonetheless, Millennials are planning to forge forward amid these market headwinds as almost 1 in 4 millennial respondents indicated that they plan to purchase a house within the subsequent 6 months.
  • Mortgage charges continued to climb this week following small jumps within the 10-year Treasury yield. Charges at the moment are greater than 10 foundation factors greater than they have been in early Might, after the US credit score downgrade and rising uncertainty over tariff coverage.
  • Taking a look at Realtor.com weekly housing information we see that progress in each lively and new listings have been flat in comparison with the earlier week, however value progress picked up. Value per sq. foot grew barely sooner, suggesting that among the shift in house costs is because of a altering mixture of properties on the market.
  • Lastly, levels have been handed off and new faculty graduates are making ready for his or her subsequent chapter. Latest Realtor.com analysis zeroed in on an inventory of high rental markets for current grads. The evaluation thought-about rental affordability and availability, job market energy and stability, and the realm’s attraction to younger individuals. 
  • Main the checklist are Austin, TX; Raleigh, NC; and Overland Park, KS, all of which supply inexpensive rents in enticing places.
  • You’ll find all the main points, together with full stories and our housing information for obtain, at realtor.com/analysis.  You can too observe us on X (previously twitter) for actual time updates. And instagram for graphics.

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