Mid-Year Outlook: Seeking Certainty
Economic uncertainty has shaped the first half of 2025, with fluctuating mortgage rates, evolving Fed policy and rising costs influencing both buyers and builders. While new-home sales have outperformed existing-home transactions, builders still face affordability challenges, labor shortages and new tariff pressures. Looking ahead, expected interest rate cuts and persistent pent-up demand may offer relief, but success will depend on builders’ ability to adapt through incentives, smart design and market differentiation.
