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.