The U.S. housing market slump dragged into its fourth year in 2025 as sales remained stuck at a 30-year low with rising home prices and elevated mortgage rates keeping many prospective home shoppers out of the market ... .
Amid high prices for basic necessities, from groceries to transportation, housing, health care, day care, elder care and more, increasing numbers of workers are working more than one job to try to make ends meet.
“2025 was another tough year for homebuyers, marked by record-high home prices and historically low home sales,” said Lawrence Yun, NAR’s chief economist ... sales price, NAR said.
“People are more sensitive to price levels than they are to inflation, or the rate of change over time; people are still feeling the pain from the high inflation period we had just a few years ago,” she said.
In Financial Times, Jo Ellison notes that the old "entry price" for high-end retail of about £250 (€288) has now skyrocketed ... Still, the low price of some high-performing garments raises a different concern.
North Korea claimed Saturday that South Korea infringed on its sovereignty with drone incursions in September last year and earlier this week, saying that Seoul should be ready to "pay a high price" for what it called a provocation.