Video: Will homebuyers get some price relief?
Two indices are negative month-over-month, but too early to be a trend
June 3, 2025
June 3, 20253 min watch
BOK Financial® Chief Investment Strategist Steve Wyett and Christopher Maloney, mortgage strategist at BOK Financial Capital Markets, explore the housing affordability issue, including why home prices have remained high overall and when—or if—they may start to trend downward.
KEY POINTS
- Home prices declined in March, according to both the most recent FHFA House Price Index and the S&P CoreLogic Case-Shiller Index.
- Year-over-year home price growth could go flat or negative this summer, which would impact housing sentiment.
- Inventory of existing home sales remains low because homeowners with very low mortgage rates are hesitant to sell.