LIVE Government Shutdown: Bessent Says GDP Will Be Hit; Trump Meeting to Decide on Job Cuts Last Updated: 1 hour ago How a Shutdown Could Slow the Housing Market By Shaina Mishkin (Photo by Joe Raedle/Getty Images) Home sales won't grind to a halt during a government shutdown. But sellers, buyers, and the housing industry will still be affected, particularly so if the shutdown drags out, Selma Hepp, the chief economist at real estate data and analytics firm Cotality, writes. "Overall, the shutdown introduce ...

Homebuyers in America seem to be getting cold feet. In July, 15.3% of home-purchase agreements fell through across the U.S. That works out to about 58,000 agreements — the highest cancellation rate for July on record [1]. That’s according to data from real estate platform Redfin, which blames high homebuying costs for making buyers “skittish.” Must Read But the high costs of buying a home aren’t the only cause for this increased cancellation rate. Economic uncertainty — which includes rising inflation a ...

The management team expects a bigger slowdown in the housing market in the second half of 2025. Opendoor (OPEN 11.80%) has been one of the most volatile stocks in the market in recent weeks. *Stock prices used were the afternoon prices of Aug. 18, 2025. The video was published on Aug. 20, 2025. ...