

New Jobs Data Reveals Why Home Prices Are PLUNGING
Jul 30, 2025
U.S. home prices are plummeting, driven by fears of job security and declining consumer confidence. New home sales are stagnating at their lowest since 2012, raising alarm about the affordability crisis. With job openings and hiring rates falling, economic anxiety looms, directly impacting housing activity. Additionally, rising delinquencies on credit cards indicate widespread economic strain, reflecting broader implications for home prices and interest rates in this challenging climate.
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Jobs Drive Housing Price Decline
- Housing prices have fallen for three consecutive months as Americans worry about job security.
- The decline in home buying is driven by employment concerns, not just interest rates.
Housing Market Shows Serious Imbalance
- Home prices fell steadily in spring 2025, with year-over-year growth declining sharply.
- This shows a serious imbalance in housing, not just due to interest rates.
Macro Factors Over Interest Rates
- Mortgage rates have not risen significantly recently, so the housing slump isn't due to rates.
- The market slump reflects macroeconomic changes affecting buyers' incomes and job security.