National Association of Realtors (NAR)

Contract signings fell in every region during July, leaving purchase activity 30% below its 2019 level despite a larger workforce

More than half of recent sellers kept recording devices active, and nearly half of those who reviewed the footage said it influenced negotiations

Contract signings fell 5.4% from May as elevated borrowing costs and record home prices continued to pressure affordability, particularly for first-time buyers

Rising housing costs are pushing buyers to pool incomes and assets, creating new opportunities for lenders and originators

Monthly gains led by the South point to improving supply conditions, but affordability pressures and rate volatility continue to shape the spring housing market

Texas Realtors report shows aging buyer pool, rising all-cash purchases, and widespread price cuts among sellers in 2025