Realty Biz News Daily Update: Fri, January 31, 2025<\/b><\/p>\n
<\/p>\n
The U.S. real estate market faces challenges from declining home values in certain regions, uncertainty around interest rate cuts, and a rise in available housing supply. While some areas are experiencing a downturn in growth, potential buyers could find opportunities amid changing conditions. Here\u2019s a closer look at the latest developments in the real estate sector.<\/span><\/p>\n <\/p>\n Several housing markets across the U.S. are struggling, with some cities seeing significant declines in home values and slow sales activity. Key factors affecting market performance include price cuts, closing times, and overall home value changes.<\/span><\/p>\n <\/p>\n Though Calgary\u2019s (Alberta, Canada) real estate market is expected to remain strong, new U.S. tariffs could trigger economic instability in Alberta, which might impact real estate demand. The Calgary Real Estate Board (CREB) outlines two potential outcomes:<\/span><\/p>\n Despite possible risks, the market is projected to see over 26,000 sales in 2025. Housing supply is increasing, particularly in multi-family units, which could lead to lower apartment prices. Single-family homes under $1 million, however, are expected to appreciate in value.[2]<\/span><\/p>\n <\/p>\n The Federal Reserve held off on rate cuts in its January 29 meeting, leaving interest rates unchanged. Fed Chair Jerome Powell signaled that future cuts depend on inflation data, making it unclear when relief will come for borrowers.<\/span><\/p>\n <\/p>\n The real estate market is slowing, with homes taking longer to sell due to high mortgage rates and affordability concerns. As of late January, homes were taking an average of 54 days to go under contract\u2014the slowest pace since early 2020.<\/span><\/p>\n As we move further into 2025, the U.S. real estate market remains in flux, with affordability concerns, fluctuating interest rates, and shifting supply dynamics shaping the landscape. Buyers and sellers will need to stay informed as market conditions evolve. Thank you for following our coverage of the latest real estate developments.<\/span><\/p>\n <\/p>\n Realty Biz News Daily Update: Fri, January 31, 2025 The U.S. real estate market…<\/p>\n","protected":false},"author":1,"featured_media":184,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-facts"],"_links":{"self":[{"href":"https:\/\/realtybiznews.com\/news\/wp-json\/wp\/v2\/posts\/183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/realtybiznews.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/realtybiznews.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/realtybiznews.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/realtybiznews.com\/news\/wp-json\/wp\/v2\/comments?post=183"}],"version-history":[{"count":1,"href":"https:\/\/realtybiznews.com\/news\/wp-json\/wp\/v2\/posts\/183\/revisions"}],"predecessor-version":[{"id":185,"href":"https:\/\/realtybiznews.com\/news\/wp-json\/wp\/v2\/posts\/183\/revisions\/185"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/realtybiznews.com\/news\/wp-json\/wp\/v2\/media\/184"}],"wp:attachment":[{"href":"https:\/\/realtybiznews.com\/news\/wp-json\/wp\/v2\/media?parent=183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/realtybiznews.com\/news\/wp-json\/wp\/v2\/categories?post=183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/realtybiznews.com\/news\/wp-json\/wp\/v2\/tags?post=183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The Worst Housing Markets for Growth in the U.S.<\/span><\/h2>\n
\n
U.S. Tariffs Could Impact Calgary\u2019s Housing Market<\/span><\/h2>\n
\n
Mortgage Rate Uncertainty: The Fed\u2019s Next Move<\/span><\/h2>\n
\n
U.S. Housing Market Slows Down; Supply Reaches Highest Level Since 2019<\/span><\/h2>\n
\n
Sources:\u00a0<\/span><\/h3>\n
\n