
U.S. Housing Market Update: A Selective Close to 2025 Sets the Tone for Early 2026
As the U.S. housing market moves through the final weeks of 2025, conditions continue to normalize after several years of volatility. Inventory remains meaningfully higher than a year ago, price growth has moderated, and buyer behavior has become more selective—particularly as the market enters its typical seasonal slowdown. Rather than a sharp shift, the current moment reflects recalibration, with momentum varying widely by region, price point, and product type.






















