The Housing Market Will Have Some Bargains This Spring

Published on March 31, 2025

A standoff between homebuyers and sellers played out in much of the country over the past two years, and particularly in internal migration destinations such as Florida and Texas. The number of homes on the market rose as poor affordability constrained would-be buyers, but sellers rejected offers significantly below the 2022 peaks.

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Core PCE Inflation Rises 2.8% in February, Higher Than Expected

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The BEA's Personal Income and Outlays report showed inflation remained elevated at the start of 2025. The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in February and 0.4% from December. Both readings were higher than expected.

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