Joint Center for Housing Studies | The State of the Nation’s Housing 2025

Jul 10, 2025

The US housing market is shrouded in uncertainty. High home prices and interest rates have pushed sales to their lowest level in 30 years; insurance premiums and property taxes are on the rise; high rents have left record numbers with cost burdens; and devastating wildfires have highlighted the growing dangers of climate disasters. And the increasing likelihood of an economic downturn threatens to deepen these challenges.

Source: The State of the Nation’s Housing 2025 | Joint Center for Housing Studies

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