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U.S. Housing Inventory Rises Amid Falling Home Values

10/5/2025

24 6 Full Breakdown

Summary

Story summary

United States (U.S.) housing inventory rose to 863,972 in late September, after May peaks, limiting growth.
U.S. home values are projected to fall 0.9% by year-end 2025, resembling 2018.
Rent growth slows; single-family rentals rise 2.5% in 2025, lowest since 2018.
Canada: one-third may face higher payments by 2026, but 94% can cover 12 months per Bank of Canada.

History

Historical Context

The U.S. housing market crisis began in 2006, peaking with a 30% decline in home values by 2008, largely due to subprime mortgage defaults. The Federal Reserve responded by lowering interest rates to stimulate the economy. Today, rising inventory levels and projected home value declines echo past vulnerabilities, with an anticipated 0.9% drop by 2025, highlighting ongoing risks in the housing market.

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Story summary

United States (U.S.) housing inventory rose to 863,972 in late September, after May peaks, limiting growth.
U.S. home values are projected to fall 0.9% by year-end 2025, resembling 2018.
Rent growth slows; single-family rentals rise 2.5% in 2025, lowest since 2018.
Canada: one-third may face higher payments by 2026, but 94% can cover 12 months per Bank of Canada.

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