WHAT HAPPENED IN THE SECOND QUARTER OF 2025
The housing market in the metropolitan area for the second quarter of 2025 slowed down a bit after a stronger start to the year with sales down slightly after a promising first quarter. But prices continued to reach all-time highs throughout the region, even as inventory slowly picked up.
Here are three takeaways from the housing market in the second quarter, and a commentary on what this all means.
Sales slowed a bit from the first quarter - After a promising start to the year, Q2 showed a slight decline in sales activity across most regions.
Prices hit historic heights yet again - Despite market challenges, housing prices continued their upward trend, reaching new all-time highs throughout the region.
Listings continue to rise - Inventory showed signs of improvement with more properties entering the market, potentially easing the supply constraints.