Weekly Housing Headlines

Mortgage applications decreased 1.9% from one week earlier; Cotality’s Home Price Index showed national year-over-year price growth slowing to just 1.2%, down from 2.7% in September 2024; the median first-time homebuyer age is now at 40, a record high; Only 28 out of every 1,000 U.S. homes changed hands this year – the lowest turnover in decades; and mortgage originations climbed 8.8% year-over-year in Q3, however delinquencies edged up.

Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage Bankers Association - 11/5/2025
Mortgage applications decreased 1.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending October 31, 2025.

Inventory surge cools U.S. home prices, but Northeast markets stay strong: Cotality
Mortgage Professional America - 11/5/2025
Cotality’s Home Price Index showed national year-over-year price growth slowing to just 1.2%, down from 2.7% in September 2024 and well below the double-digit gains seen during the pandemic boom.

Median First-Time Homebuyer Age Now At Record-High Of 40
Financial Advisor - 11/4/2025
The age at which people purchase their first home has climbed rapidly since 2021, when the median was 33, according to a National Association of Realtors survey of transactions from July 2024 through June.

Only 28 Out of Every 1,000 U.S. Homes Changed Hands This Year — The Lowest Turnover in Decades
Redfin - 10/31/2025
Homes turned over the most in Virginia Beach, VA and West Palm Beach, FL, while turning over the least in New York and Los Angeles.

Mortgage originations rebound as Gen Z gains ground, but delinquencies edge up
Mortgage Professional America - 11/4/2025
The United States mortgage market showed signs of renewed activity in the third quarter, with originations climbing 8.8% year-over-year, according to TransUnion’s latest Credit Industry Insights Report.

Weekly Housing Trends: Latest Data as of Nov. 1
Realtor.com - 11/6/2025
Mortgage rates fell to 6.17%, the lowest level in more than a year. The data show that more sellers are seizing the opportunity by listing their homes. However, despite the welcome progress, buyer sentiment remains flat.

Pending Home Sales Barely Budge, As Buyers Stay Cautious Despite Lower Mortgage Rates
Redfin - 11/6/2025
U.S. pending home sales ticked up 0.7% year over year during the four weeks ending November 2, the smallest increase in four months, and at the slowest pace for this time of year since 2019, according to a new report from Redfin.

U.S. household debt hits record $18.6 trillion as mortgage delinquencies stabilize
Mortgage Professional America - 11/6/2025
United States household debt continued its steady climb in the third quarter of 2025, reaching a record $18.59 trillion, according to the Federal Reserve Bank of New York’s latest Household Debt and Credit Report.

New home listings continue months-long slowdown
Scotsman Guide - 11/4/2025
Homebuyers have gained purchasing leverage over the course of 2025. The number of active listings was 15.3% higher year over year in October, according to Realtor.com, and the number of homes for sale topped 1 million.

Q4 Zombie Foreclosure And Vacancy Rates Dip Downward
National Mortgage Professional - 11/4/2025
ATTOM’s fourth-quarter 2025 analysis found that 1.32% of U.S. residential properties were vacant, down slightly from 1.33% in Q3, with the share of zombie foreclosures also sliding, dropping seven basis points in Q4.