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What could help the US housing market in 2025

Yahoo Finance ↗

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US pending home sales rose 2.2% in November, a hopeful sign the housing market could see some recovery in 2025 after a tumultuous 2024 marred by elevated mortgage rates. HousingWire lead analyst Logan Mohtashami joins Madison Mills to talk about key drivers for improvement in 2025, including a slowing economy and rising unemployment rates that could create an opportunity for mortgage rates to cool. “The one positive for 2025... is that mortgage spreads have gotten better, too, so you don’t need too much help from the ten-year yield," Mohtashami says. "If rates just get towards 6%, you could get demand growth easily in 2025," he adds. Read up on Yahoo Finance senior housing reporter Claire Boston's coverage of the latest home sales data. #youtube #news #stocks About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

Published 2024-12-30 · Watch on YouTube ↗
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