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
