W MarketMinute | Home prices rose slightly in 2025 - Greenway Mortgage Blog
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  • The Fed left its policy rate unchanged this week and signaled that more rate cuts are not likely in the next few months.
  • Unemployment claims came in low for a 2nd straight week. Continuing claims dropped to the lowest level since September 2024.
  • Consumer confidence fell in January to its lowest level since 2014, as concerns grew over prices and the job market.

Housing News

  • In December, homebuyers backed out of deals at the fastest pace in nearly a decade, with more than 40,000 signed purchase agreements canceled.
  • Purchase apps were flat for the week, after mortgage rates moved higher for the first time in a month. Overall applications dropped 8.5%.
  • According to the ICE Home Price Index, home prices grew by 0.7% in 2025. Prices of single-family homes rose 1.0% for the year.

Market Minute Report - Mortgage News