Key Highlights
- Home sales in 2025 totaled 4.06 million, the lowest since 1995.
- Sales figures were unchanged from 2024, indicating a prolonged slump.
- Median home prices rose by 1.7% to $414,400 in 2025.
- The housing market has seen annual declines in sales since 2022.
- High mortgage rates are a significant barrier for first-time buyers.

