#USHouseMarketStructureDraft

The U.S. housing market is experiencing a structural shift as affordability challenges, elevated mortgage rates, and inventory shortages reshape buyer behavior. Home prices remain resilient despite higher borrowing costs, driven by low supply and demographic demand. Institutional investors and build-to-rent models are gaining prominence, adding complexity to the traditional ownership landscape. Meanwhile, regional disparities persist, with some markets cooling while others stay competitive. Policy responses, including zoning reforms and supply incentives, are under discussion. As 2025 unfolds, the market’s future will depend on economic trends, policy actions, and the evolving balance between supply, demand, and accessibility.