Back to today’s briefing

Story perspectives

Real Estate Market Sees Record Inventory Growth in October

11/7/2025

45 9 Full Breakdown

Summary

Story summary

In October 2025, the real estate market posted its 24th month of inventory growth.
Active listings exceeded one million for the sixth month.
The national median listing price was $424,200, up 0.4% from last year.
In New Jersey, listings rose to 17,613 with a median price of $550,000, down 3.92% from last year, and mortgage rates ranged from 6.17% to 6.34% for 30-year fixed mortgages.

History

Historical Context

The 2008 financial crisis stemmed from the bursting of the U.S. housing bubble, which peaked in 2006, leading to a 30% decline in home prices. Lax lending standards and the rise of subprime mortgages fueled the crisis, resulting in widespread foreclosures. The Federal Reserve's response included lowering interest rates, which helped stabilize the market, but the long-term effects reshaped lending practices and consumer behavior.

1 of 2

Story summary

In October 2025, the real estate market posted its 24th month of inventory growth.
Active listings exceeded one million for the sixth month.
The national median listing price was $424,200, up 0.4% from last year.
In New Jersey, listings rose to 17,613 with a median price of $550,000, down 3.92% from last year, and mortgage rates ranged from 6.17% to 6.34% for 30-year fixed mortgages.

1 / 2