December 30th, 2025 copertina

December 30th, 2025

December 30th, 2025

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Today’s focus: Fresh housing data and real-time market signals from the past 24 hours.

Covered in this episode
  • Pending home sales surged in November, posting the strongest reading in nearly three years and beating expectations — a sign that buyers are re-engaging when conditions feel workable, even with elevated mortgage rates.

  • Home price growth slowed sharply, with government data showing year-over-year appreciation at its weakest pace since 2012. Slower price growth eases affordability pressure and changes buyer psychology, even without a rate breakout.

  • Banks tapped the Federal Reserve’s repo facility heavily at year-end, a reminder that liquidity conditions remain tight beneath the surface. Not a crisis signal, but an important piece of market plumbing to watch.

  • Regional housing markets continue to diverge, with areas like upstate New York seeing fast sales and tight inventory, while buyers adapt by targeting smaller or older homes to manage affordability.

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