Housing Market at a Crossroads as Mortgage Rates Stay Elevated and Supply Rises

The U.S. housing market continues to grapple with persistent challenges as 2025 unfolds, with elevated mortgage rates and shifting supply dynamics shaping conditions for buyers, sellers and builders alike. According to the latest analysis from Wells Fargo Economics, housing activity remains subdued in the face of affordability headwinds, but signs of rebalancing are emerging as […]