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Current Trends in the U.S. Housing Market
This chapter analyzes the shifting dynamics of the U.S. housing market as it approaches 2025, focusing on the decline in homebuyer demand and rising inventory levels. With home prices at all-time highs, the affordability crisis is examined, particularly in states like Florida and Texas where significant price drops are noted. The chapter also addresses broader regional trends influenced by migration patterns and the lasting impact of the pandemic on housing demand.