March Housing Market Update: More Homes, Slower Prices, and More Choices

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🏡 March Housing Market Update: More Homes, Slower Prices, and More Choices

Thinking about buying this spring? Here's what the latest data from March 2025 shows:

📉 Sales of existing homes dipped—but that’s mostly due to high mortgage rates and prices
🏗️ New home sales are up thanks to builder incentives and smaller, affordable homes
📦 Inventory rose 8.1%—more options for buyers
💵 Prices are still rising, but more slowly (up 2.7% YoY)
🕒 Homes are sitting longer—average of 36 days on market

What this means for you:
You’ve got more choices, more time to decide, and possibly more negotiation room.

Now may be a great time to start your home search or check in on your mortgage strategy.

📲 Let’s talk about what’s possible in today’s market!

 

Source: HousingWire