Story perspectives

U.S. Housing Market Hits 14-Year High in Unsold Homes

9/4/2025

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Summary

Story summary

The U.S. housing market faces challenges, with unsold homes at a 14-year high.
In July, 121,000 newly built homes were unsold, and median home prices dropped nearly 6% to below $404,000.
Economic uncertainty is leading workers to focus on job security, moving from "job hopping" to "job hugging."

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Story summary

The U.S. housing market faces challenges, with unsold homes at a 14-year high.
In July, 121,000 newly built homes were unsold, and median home prices dropped nearly 6% to below $404,000.
Economic uncertainty is leading workers to focus on job security, moving from "job hopping" to "job hugging."