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Weekly Housing Headlines

November 22, 2025

Mortgage applications decreased 5.2% from one week earlier; sales of previously owned homes in October rose 1.2% from September; mortgage applications for new home purchases decreased 2.6% in October compared from a year ago; 53% of home lost value in the past year; California home sales climbed to their highest level since February; the National Association of Realtors predicts double-digit growth in 2026 home sales with prices rising 4%; and there were an estimated 36.8% more sellers than buyers in October.

Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage Bankers Association - 11/19/2025
Mortgage applications decreased 5.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending November 14, 2025.

Existing home sales see small October gain, but supply is now dropping
CNBC - 11/20/2025
Sales of previously owned homes in October rose 1.2% from September to 4.1 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Sales were up 1.7% year over year.

October New Home Purchase Mortgage Applications Decreased 2.6 Percent
Mortgage Bankers Association - 11/17/2025
The Mortgage Bankers Association's October 2025 data shows mortgage applications for new home purchases decreased 2.6 percent compared from a year ago. Compared to September 2025, applications decreased by 1 percent.

More than half of U.S. homes lost value in the past year
Mortgage Professional America - 11/17/2025
The United States housing market saw a major change over the past year, with 53% of homes losing value — the highest proportion since 2012, according to new research from Zillow.

California home sales climbed to highest level since February
Mortgage Professional America - 11/19/2025
California’s housing market showed signs of renewed activity in October, with existing single-family home sales climbing to their highest level since February, according to the latest data from the California Association of Realtors.

NAR Predicts Double-Digit Growth in Home Sales in 2026 With Prices Rising 4%
Realtor.com - 11/17/2025
National Association of Realtors Chief Economist Lawrence Yun forecasts sales volume for existing homes will rise 14% next year after three years of stagnation, and sees new-home sales rising 5%.

Housing numbers point to an unusually strong buyer’s market. There’s a catch
CNBC - 11/19/2025
There were an estimated 36.8% more sellers than buyers in October, according to Redfin, the largest gap in records dating back to 2013.

Mortgage Delinquencies Increase in the Third Quarter of 2025
Mortgage Bankers Association - 11/14/2025
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.99 percent of all loans outstanding at the end of the third quarter of 2025.

Pending home sales dip as buyers wait for rate relief: Redfin
Mortgage Professional America - 11/14/2025
Pending home sales in the United States slipped 0.3% year-over-year to 75,287 units in the four weeks ending November 9, marking the first decline in four months, according to Redfin’s latest report.

The Housing Affordability Crisis Is Accelerating Fastest in Rural America
Redfin - 11/20/2025
Homebuyers need to earn an annual income of $74,508 to afford the median-priced home in rural U.S. counties. That’s up 105.8% from before the pandemic, when rural buyers needed to earn $36,206, according to Redfin.

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