by Calculated Risk on 12/08/2025 10:30:00 AM
Today, in the Real Estate Newsletter: December ICE Mortgage Monitor: Home Prices “Firmed” in November, Up 0.8% Year-over-year
Brief excerpt:
Inventory Impacts Prices
• About one-third of markets are seeing annual home price declines, while two-thirds are posting gains
• The Northeast and Midwest dominate growth, with 24 of the top 25 markets for annual price gains located there, while all 36 markets with annual declines are in the South and Westbr />
…• New Haven, Conn., leads with prices up +7.3% year-over-year, followed by Syracuse, N. Y. (+7.2%), and Scranton, Pa. (+6.9%). The largest declines are in parts of Florida, Texas, Colorado and California
• Markets are showing signs of rebalancing, with inventory improving in the Northeast and tightening in the South and West
• The 10 hottest markets saw monthly gains below their 12-month averages, hinting at cooler growth ahead, while 27 of 36 markets with annual declines posted adjusted price increases from October to November, signaling modest firming in late 2025
emphasis added
• New Haven, Conn., leads with prices up +7.3% year-over-year, followed by Syracuse, N. Y. (+7.2%), and Scranton, Pa. (+6.9%). The largest declines are in parts of Florida, Texas, Colorado and CaliforniaThere is much more in the article.
About the Author
