Housing EconomyIndustry Observations

Inside the 2025 New Home Construction Market

The current housing market is shifting in a way that is more selective, as home prices are slowing in growth and prospective buyers are dissuaded by concerns about mortgage rates and general economic uncertainty. However, developers and sellers still have opportunities in a cooling market as low unemployment and the strong rental market challenge signs of a potential housing crash. In spite of a slow labor market, contractors should seize the opportunity to turn towards the renovation and remodel market as sellers struggle to find willing buyers and instead look to increase their current home value.

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