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U.S. Housing Market: 20% More Unsold Homes, Prices Steady

7/12/2025

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Summary

Story summary

The U.S. housing market is grappling with a 20% surge in unsold homes and a 1.6% dip in pending sales from last year. While home prices remain steep at a median of $440,950, the silver lining lies in lower mortgage rates and increased inventory, creating a more favorable landscape for potential buyers.

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Story summary

The U.S. housing market is grappling with a 20% surge in unsold homes and a 1.6% dip in pending sales from last year. While home prices remain steep at a median of $440,950, the silver lining lies in lower mortgage rates and increased inventory, creating a more favorable landscape for potential buyers.