The CNBC Housing Market Survey gathers insights from leading real estate agents about current local market trends and the attitudes of buyers and sellers. In the first quarter of 2025, the survey revealed that potential homebuyers were more worried about the overall economy and mortgage interest rates than the actual prices of homes. These concerns are influencing their decisions to step back from the housing market.
This analysis highlights a shift in the factors affecting real estate activity, where economic uncertainty and financing conditions are playing a larger role than housing costs themselves. The report, presented by CNBC’s Diana Olick, offers a snapshot of the challenges facing both buyers and sellers as they navigate a changing market environment.