The U.S. housing market is showing signs of a significant slowdown, with a sharp decline in sales and a potential threat to the economy, according to Moody’s.
What Happened: The housing market, which had been resilient for several years, is now displaying concerning indicators such as a surge in listings, a decrease in home sales, and a halt in price growth, reported The Street on Tuesday.
Moody’s chief economist,Mark Zandi, has issued a stark warning, stating that the “red flare” is signaling a high alert for the housing market.
He highlighted that home sales are already at a low point, and even builders, who have been propping up the market, are now looking to step back. Additionally, the cost of lowering mortgage rates has become prohibitive, leading to builderswalking away from land deals,a significant warning sign.
Zandi believes the housing market’s weakness is poised to deepen. With mortgage rates stuck near 7%, he warned that a sharp drop in home prices, new construction, and project completions could follow. What was once a key engine of economic growth is now becoming a major drag on the broader economy.
After years of pandemic-driven demand and tight inventory, the U.S. housing market is now showing clear signs of strain. Supply remains below healthy levels, while active listings jumped 29% in June and homes are sitting on the market longer. Major cities like Austin and Denver have seen listings surge over 50% from 2019.
Sales are falling fast — new single-family home sales dropped 13.7% in May, and construction is slowing amid rising costs. Builder confidence has hit its lowest point since early 2023, with land deals paused and project delays mounting.
Prices are beginning to soften as well. The Case-Shiller index has edged down since February, with annual growth shrinking to just 2%, the weakest since 2012. Affordability remains a major hurdle, with first-time buyers now needing over $126,000 a year to afford a median-priced home.
Why It Matters: This development comes on the heels of a series of warnings and challenges in the U.S. housing market. In April, Zillow reported a disparity between the number of sellers and potential buyers, driven by affordability concerns.
This led to a rise in inventory and possible price reductions.
In June, Economist Craig Shapiro called for a national housing policy overhaul, arguing that the housing market had become an “over-subsidized, under-scrutinized asset class in America.”
In February, mortgage rates dropped to their lowest level since December 2024, with the average 30-year fixed rate falling to 6.88%. Despite the decline, demand for home loans remained weak.
More covid injection Limited Hangout.
Scientists discover Pfizer COVID jab linked to major eye damage
Scientists have discovered that Pfizer’s COVID-19 vaccine may increase the risk of eye damage, leading to vision loss.
https://www.dailymail.co.uk/sciencetech/article-14915995/amp/pfizer-covid-vaccine-eye-changes-damage-risk.html
This article makes sense. My father who took the Pfizer kill shot started losing his eye sight a year later. He started getting wet macular degeneration. Ultimately it was his turbo brain cancer that killed him.
It is a shame the way people are programmed to obey the authority of this world! Sorry about your father.
A yawner….
Housing Starts (Jun)
Act: 1.321M Cons: 1.290M Prev: 1.263M
Building Permits (Jun)
Act: 1.397M Cons: 1.390M Prev: 1.394M
Building Permits (MoM) (Jun)
Act: 0.2% Cons: Prev: -2.0%
Housing Starts (MoM) (Jun)
Act: 4.6% Cons: Prev: -9.7%
Look at how the blacks lived in 1954. This is a documentary titled, The Secret of Selling to the Negro.”
https://youtu.be/78BwtuIqU68?si=Mf2XbL55IS1YZiZf
When I was in elementary school back in the ’70s, before the rap music and the CIA inspired black counterculture infiltrated the community, blacks around me lived like this. They lived down the street, they owned houses and their families were intact. They had decent jobs.
A lot has changed.
Back then, they aspired to be and live like white people generally. I remember growing up in the late 60’s and 70’s and that’s when the cultural trouble really started. Race riots, family break down, the cultural revolution, which was inspired by the synagogue, was well under way. We also had a few black families in our area and we shared many of the same values, which helped. Now, this country is to fractured!
This was the good old days when blacks aspired to be like whites and actually worked for it. Before the 80s many blacks were grounded, realistic, and hardworking and mingled with the rest of American culture. I remember a lot of black families who owned their houses outside Philadelphia.
I also remember one black family throwing a big birthday bash at a local restaurant for their daughter and invited the whole first grade class. Now many younger blacks focus on identity politics, entitlement, and are programmed to hate everybody else. Many younger blacks don’t want to work hard as that is considered exploitation by the white man. In addition, the entertainment industry puts out hate music and hate movies specifically targeted towards blacks like gangsta rap and blaxploitation movies focusing on the worst of the negro culture as being cool. No doubt the SoS is doing this to cause division in our society.
Powerful numbers this morning.
•Retail sales very strong last month
•Export prices up nicely, while import prices actually lower once again
•Philly Fed really strong across the board and prices paid hotter
•Initial jobless claims drops
Retail Sales (MoM) (Jun)
Act: 0.6% Cons: 0.1% Prev: -0.9%
Core Retail Sales (MoM) (Jun)
Act: 0.5% Cons: 0.3% Prev: -0.2%
Retail Sales Ex Gas/Autos (MoM) (Jun)
Act: 0.6% Cons: Prev: 0.0%
Retail Sales (YoY) (Jun)
Act: 3.9% Cons: Prev: 3.29%
Retail Control (MoM) (Jun)
Act: 0.5% Cons: 0.3% Prev: 0.2%
Initial Jobless Claims
Act: 221K Cons: 233K Prev: 228K
Jobless Claims 4-Week Avg.
Act: 229.50K Cons: Prev: 235.75K
Continuing Jobless Claims
Act: 1,956K Cons: 1,970K Prev: 1,954K
Export Price Index (MoM) (Jun)
Act: 0.5% Cons: 0.0% Prev: -0.6%
Export Price Index (YoY) (Jun)
Act: 2.8% Cons: Prev: 1.9%
Import Price Index (YoY) (Jun)
Act: -0.2% Cons: Prev: -0.2%
Import Price Index (MoM) (Jun)
Act: 0.1% Cons: 0.3% Prev: -0.4%
Philadelphia Fed Manufacturing Index (Jul)
Act: 15.9 Cons: -1.2 Prev: -4.0
Philly Fed Business Conditions (Jul)
Act: 21.5 Cons: Prev: 18.3
Philly Fed CAPEX Index (Jul)
Act: 17.10 Cons: Prev: 14.50
Philly Fed Employment (Jul)
Act: 10.3 Cons: Prev: -9.8
Philly Fed New Orders (Jul)
Act: 18.4 Cons: Prev: 2.3
Philly Fed Prices Paid (Jul)
Act: 58.80 Cons: Prev: 41.40
More reason for Powell to lower interest rates or be fired.
Today’s numbers don’t help the dove cause.
Any thoughts on the stable coin act passage?
Yes. Definitely sell your trading crypto positions on the news, if any positive outcome appears.
And for stable coins, they are the future as they are all digital and AI. Bitcoin will reach a certain level in which the holders can buy everything. Also, there’s a good chance that all of the sovereign debt can be rolled into crypto’s as they will absorb a lot of the new debt supply.
The reason why we read about all these stories about fraudulent wire instructions and all of these stolen checks is to plant the seeds in the people that a digital stable coin will provide the solution.
Agreed! Its like herding cattle or dumb sheep. They will go wherever they are lead.
$MP prices of secondary offering with shares @ $55. The CFO deserves a star for the timing and pricing level. That is definitely bullish and I see more upside in the shares.
MP CRML UAMY
Ryan Homes just stopped building out a townhome subdivision in Strasburg VA and said they permanently closed it. They leave behind a half finished street grid with utility build-outs. Their representatives refused to tell me the reason why. I think they were having a difficult time getting these first time home buyers qualified.
We are seeing a definite slow down in sales and a trend in lower price per square foot here where we live. The market has not caught on yet, but the trend seems consistent.
This summer has seen a marked slowdown in the areas I own. In Maryland, prices have actually dropped over the past 12 months with rents fading.
In the Winchester and Shenandoah valley area, prices have still been up and rents have definitely been moving higher. Many people want out of the DC area….
_________
Majority of American homeowners want to cash in — and move somewhere more affordable
https://nypost.com/2025/07/16/real-estate/more-than-half-of-us-homeowners-want-to-leave-their-cities/
DC ranked 2nd in people looking for a home outside their immediate area. The DC area is very expensive and with remote work, I am getting tenants who can live outside the DC metro area.
I am seeing that here in Southern New Hampshire. A lot of people from the Boston area moving up here.
People living in blue run metro areas are feeling the ugly side effects of leftist socialist policies. Blue run metro areas are expensive, restrictive to do business, taxes are high, and the crime is much worse.
The only problem with these people is most of them voted for the liberals that brought on those problems. When they move out to the countryside, they vote for the same type of assholes that bring on these problems that they are escaping. In effect, these urban transplants bring the problems with them.
This is why I am all for gated communities where people need to apply and meet certain qualifications before being allowed into a community or at the very least if they are allowed into the community they should not be allowed to make decisions for the community for so many years. If they don’t like the community’s conservative values then leave. Liberals like to spoil it for everybody. Then when the liberals feel the side effects of their actions they go elsewhere and mess it up in the new place. I see places that used to be conservative that have become liberal or much less conservative.
This is why I am for 2A