Housing Market Update and Economic News: March 21, 2025

At Thompson Kane, we stay ahead of shifting market trends so you don’t have to. Here’s a look at this week’s key housing market and economic updates

Housing Market Update

• Home sales bounced back in February as a growing number of listings and easing mortgage rates drew buyers back into the market, defying expectations.
• Home construction exceeded forecasts last month, with February’s housing starts showing resilience despite ongoing challenges from limited labor availability and a shortage of buildable land.
• Builder sentiment dropped in March to its lowest point in seven months, weighed down by economic concerns, trade tensions, and persistently high construction costs.

Economic Insights

• The Federal Reserve held steady on rates during its March meeting but signaled plans for two potential rate cuts in 2025.
• Retail sales fell short of expectations in February, while January’s results were revised down, marking the steepest decline since July 2021.
• Jobless claims saw a modest increase last week, with continuing claims also rising as more individuals remain unemployed for longer stretches compared to a year ago.

Keeping you up-to-date with the constantly changing housing market via weekly updates

At Thompson Kane, we know how important it is to stay informed in a fast-moving market. That’s why we’re committed to providing you with the latest housing market updates and industry insights to support confident decision-making. Whether you’re navigating a home purchase, managing your business, or planning ahead financially, timely information makes all the difference. For regular housing market updates and expert news, follow the Thompson Kane Newsfeed and connect with us on Facebook. Your success is our priority — we’re here to keep you informed every step of the way.

“In investing, what is comfortable is rarely profitable.”
–Robert Arnott, investor and founder of Research Affiliates

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