#USHouseMarketStructureDraft U.S. Housing Market Update – May 2025: Affordability Improves as Fed Rate Cuts Begin to Thaw the Market.

May 2025 – The U.S. housing market is finally showing signs of relief after years of high mortgage rates, record-low inventory, and soaring prices. With the Federal Reserve cutting interest rates earlier this year and new construction slowly ramping up, buyers are seeing improved affordability, while sellers are adjusting to a more balanced market.