Houtan HormozianExpert on Real Estate, Finance and PropTech

CRESTICO - Quick Market Insight- 03-28-2025

31 Mar 2025 · 1 min

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In this brief market‑insight video, the presenter outlines recent U.S. economic data and housing‑market developments. Steady unemployment claims suggest a resilient labor market, yet consumer confidence has slipped to a 12‑year low because of tariff concerns and inflation pressures. The fourth‑quarter GDP figure was revised upward to a 2.4% annualized growth rate, with future growth expected to continue but potentially moderated by tariffs. The Federal Housing Finance Agency (FHFA) will keep existing conforming loan limits unchanged while discontinuing its special‑purpose credit programs. Pending home‑sale activity rebounded after a January dip, helped by better weather and a broader range of housing options. Mortgage demand is rising, with purchase‑loan applications up 1% week‑over‑week and 7% year‑over‑year. The video closes with a thank‑you to viewers.

Chapters

A quick market insights. Unemployment claims stayed steady, signaling a strong labor market, while concerns over tariffs and inflation led to a 12-year low in consumer confidence. The 4th quarter GDP was revised to an annual growth rate of 2.4%. While continued growth is expected, tariffs may slow down the pace. The FHFA has decided to maintain conforming loan limits but has ended its special-purpose credit programs, Pending home sales rebounded from January's low, supported by better weather and more housing options. Mortgage demand rose, with purchase applications up 1% weekly and 7% annually. Thank you for watching.