Story perspectives
Housing Market Surges, But Risks Loom Amid Economic Uncertainty
6/2/2025
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Story summary
- Early 2025 saw improved housing market conditions due to easing inflation and lower mortgage rates.
- Home availability peaked in April, the highest since January 2020, boosting buyer interest.
- President Trump's global trade tariffs on April 2 triggered market volatility and recession fears.
- By May 29, mortgage rates rose to 6.89%, diminishing buyer confidence.
- Experts warned of heightened risks in home buying amid ongoing economic uncertainty.
