The U.S. housing market is stumbling under President Trump, threatening to drag down the entire U.S. economy with it. This week’s headlines confirm that home sales are tanking during typical peak home-buying season as already-unaffordable housing prices continue to rise to record levels, leaving everyday Americans and working families behind. Between Trump’s disastrous tariffs and his big, ugly bill, Republicans are driving prices up and making everyday expenses even more unaffordable – all to benefit the ultra-wealthy and big corporations.
Read more about the slumping housing market:
- Newsweek: Number Of Home Sales Falling Through Hits Record Level
- Redfin: 1 In 7 Pending Home Sales Fell Through Last Month, The Highest June Level On Record
- Fortune: Top Economist Sounds The Alarm Even Louder On The Housing Market And Says Homebuilders Are ‘Giving Up’
- The New York Times: U.S. Homes Are Not Selling, and Prices Continue to Rise.
- Reuters: US Existing Home Sales Fall More Than Expected In June
- CNBC: June Home Sales Drop As Prices Hit A Record High
- The Wall Street Journal: Home Prices Hit Record High in June, Dragging Down Sales
- AP News: US Home Sales Fade In June As National Median Sales Price Hits An All-Time High Of $435,300
- Realtor.Com: Home Sales Drop In June To Their Lowest Level In 9 Months As Prices Hit New All-Time High
- Redfin: New Listings Of U.S. Homes Fall To Lowest Level In Nearly Two Years
- Realtor.Com: Home Sales May Fall To New 30-Year Low In 2025 As Mortgage Rates Remain Elevated
- Marketwatch: Pessimistic Home Builders Are Offering ‘Outrageous’ Incentives To Lure Buyers