You can learn a lot looking at the housing market as a whole. Analyzing national trends can help give you an idea where things are heading. But while national trends can be useful, they don’t tell the whole story. After all, a housing market’s dynamic is largely determined by the balance of supply and demand and that’s going to vary from one place to the next. For example, markets in the South and West have seen more new home construction and, due to the increased inventory, softer home prices. In the Northeast and Midwest, on the other hand, fewer new homes have been built and prices are still rising steadily.
That’s why a recent analysis from the National Association of Realtors’ consumer website looked at which metro areas are following national trends and which are outliers. Danielle Hale, the website’s chief economist, says buyers and sellers can set better expectations if they know their local market dynamic. “Housing in 2025 wasn’t defined by a single national narrative,” Hale said. “Some markets told the regional story almost perfectly, while others consistently defied it. As buyers and sellers plan for the year ahead, knowing which markets align to broader trends and which are charting their own course can help set more realistic expectations.”
[Source: PR Newswire]
