Mortgage rates rose from sub-3% during the pandemic to a peak of 8% in October 2023 and currently hover near the low-6% range. Home prices are 55% higher than at the beginning of 2020, according to the Case-Shiller U.S. National Home Price Index. Mortgage applications recently surged nearly 30%, and home prices are starting to plateau or decline in some markets. Higher inventory levels, lower prices, and reduced competition are aligning seasonally to create a buyer advantage in the fall. The week of Oct. 12–18, 2025 is identified as particularly favorable for home shoppers. Analysis used six supply-and-demand metrics across national and metro levels following seasonal patterns from 2018–2024.
"The housing market has been particularly brutal the past couple of years. While the pandemic ushered in an era of sub-3% mortgage rates, those climbed to levels peaking at 8% in October 2023. Current mortgage rates are still hovering around the low-6% range and home prices are 55% higher than they were at the beginning of 2020, according to the Case-Shiller U.S. National Home Price Index."
"Considering those factors, among others, the "best time" to buy a home this year is right around the corner, according to a Realtor.com report published this week. Realtor.com says the week of Oct. 12-18 will be 2025's "sweet spot" for home shoppers thanks to a "rare combination" of higher inventory levels, lower home prices, and less competition. For the report, Realtor.com analyzed six supply-and-demand metrics at a national and metro level that follow seasonal patterns using data from 2018 to 2024."
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