Housing Market Faces ‘Affordability Challenges’ Entering Spring Selling Season, Homebuilder Says

Cautious homebuyers remain on the sidelines.
Housing Market Faces ‘Affordability Challenges’ Entering Spring Selling Season, Homebuilder Says
A home is under construction at a housing development in Lemont, Ill., on June 21, 2023. Scott Olson/Getty Images
Wesley Brown
Updated:
0:00

Prospective homebuyers are increasingly facing “affordability challenges” as housing sales and closings declined significantly across the United States in the first three months of 2025, one of the nation’s largest homebuilders said on April 22, during its first quarter earnings call.

In posting better-than-expected first-quarter earnings, PulteGroup, Inc. warned that the housing market will remain fractured due to a range of microeconomic factors faced by consumers and homebuilders.
Wesley Brown
Wesley Brown
Author
Wesley Brown is a long-time business and public policy reporter based in Arkansas. He has written for many print and digital publications across the country.