Houtan HormozianExpert on Real Estate, Finance and PropTech

Housing Market Update July Home Sales Economic Trends Explained

2 Sept 2025 · 1 min

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1:04

In this brief market insight, the presenter outlines key housing and macroeconomic data for July–August 2025. New home sales fell in July after a strong upward revision in June, indicating continued pressure from affordability challenges. The FHFA reports home prices are up 2.9% year‑over‑year but flat since Q1, suggesting a slowdown in price growth nationwide. Pending home sales also declined, reflecting buyer caution. On the broader economy, both new and continuing jobless claims dropped, showing low layoffs despite a slowdown in hiring. The second‑quarter GDP estimate was revised up to a 3.3% annualized rate, driven by robust consumer spending and reduced imports. However, consumer confidence slipped in August as concerns over job availability, tariffs, and inflation weighed on households. The video ends with a call for comments, likes, and further engagement.

Chapters

Here's your quick market insight. New home sales fell in July after a strong upward revision in June, showing that the housing market is still under pressure as buyers face affordability challenges. The Federal Housing Finance Agency, or FHFA, reports that home prices rose 2.9% compared to last year, but remained unchanged from the first quarter, a sign that price growth is slowing nationwide. Pending home sales also declined in July, reflecting continued buyer caution. In the broader economy, both new jobless claims and continuing claims dropped last week, showing that layoffs remain low even as overall hiring slows. Second-quarter gross domestic product, or GDP, was revised up to 3.3%, driven by strong consumer spending and fewer imports. However, consumer confidence slipped in August as concerns about job availability, tariffs, and inflation weighed on households. Thoughts on this update? Comment below. Give us a like, tag a friend, and let's keep the conversation going. Message us here. Or visit our website.