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The Daily Money: Housing market shows some hope
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Date:2025-04-25 09:41:08
Good morning and Happy Friday! This is Betty Lin-Fisher with Friday's consumer-focused The Daily Money.
The housing market is beginning to show some glimmers of hope amid some grim reports.
First, the bad news: Sales of previously-owned homes only gained 1.3% in July, according to the National Association of Realtors. Also, mortgage rates, while down slightly compared to last week, are still higher than most home loans held by nearly all Americans.
But there's some positive news, according to my new colleague and USA TODAY housing reporter Andrea Riquier.
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About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
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