That timeline is typical for a family saving 15% of their income, assuming a 15% down payment.

Boomers made up 42% of all homebuyers during the period from July 2024 to June 2025, unchanged from the same time a year prior. Millennials lost market share, making up 26% of buyers, down 3% year over year.

The average monthly payment on an outstanding home loan reached $2,005 in the fourth quarter of 2025, according to Realtor.com’s latest data based on FHFA figures.

S&P Dow Jones Indices noted that inflation outpaced national home-price appreciation for the eighth month in a row. 

Regionally, pending sales rose in the Midwest, South and West, and declined in the Northeast on a month-over-month basis.

With mortgage rates approaching 6%, 5.5 million additional buyers that could not qualify for a mortgage one year ago would qualify at today’s lower rates, the National Association of REALTORS® said. 

Zillow’s Home Value Index shows that in 13 of the past 20 years, home values in the metro area of the Super Bowl champion grew faster than the national average.

Affordability challenges continue to bedevil homebuyers, despite mortgage rates falling to a three-year low, the National Association of Home Builders reported. 

Sales of existing homes jumped 5.1% month over month, topping analyst expectations. 

Contract signings were up in all four U.S. regions. 

The NAHB’s monthly survey found the nation’s homebuilders remain optimistic about home sales next year. 

Geographically, trends varied widely, with formerly hot areas like Florida and the Southeast posting the deepest declines and formerly cool areas, like the Midwest, showing healthy gains.

By region, sales rose in the Midwest, Northeast and South but fell in the West. 

The chief economist for the National Association of REALTORS® also predicts home prices will climb 4% compared to 2025. 

Nationwide, the median price for a single-family home increased 1.7% year over year to $426,800. Prices increased by the same annual rate during the second quarter.

Given the rate of sales, the nation had a 4.6-month housing supply, up from 4.2 months a year prior.