Housing Market Struggles
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housing costsPBS
•Business
Business & Economics
Will 2025 be a better year to buy a house? Here’s what experts predict
83% Informative
Sales of previously occupied homes hit a nearly a 30-year low in 2024 , the National Association of Realtors reported last month .
Economists estimated the U.S. had a housing shortfall of as many as 5 million homes in 2023 .
Housing was a key issue for voters in the November election that returned President Donald Trump to power.
Trump ’s tariffs are likely to keep home prices high by driving inflation and increasing the cost of building materials.
Mass deportations of immigrants could create labor shortages in the construction industry.
Rental prices are expected to drop or stay the same in some places due to more multi-family buildings on the market.
Experts warn the effects of regulations on housing construction are complicated and often outside the federal government.
VR Score
86
Informative language
84
Neutral language
67
Article tone
semi-formal
Language
English
Language complexity
48
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
11
Source diversity
10
Affiliate links
no affiliate links