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flag U.S. housing market slows with more homes for sale, lower pending sales, and dropping prices in many areas.

flag The U.S. housing market is experiencing a slowdown in 2025, with a 30.6% increase in active homes for sale and a decline in pending sales compared to 2024. flag Median home prices have risen to $438,466, increasing the affordability gap, especially for first-time buyers. flag Home prices have dropped in 47 major markets, and new home prices have declined for eight straight quarters. flag The inventory of homes for sale reached 1.94 million in April, the highest since March 2020. flag High mortgage rates and economic uncertainty are dampening buyer demand, and experts warn that the market will likely remain sluggish unless mortgage rates fall or economic confidence improves.

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