© 2025 Western New York Public Broadcasting Association

140 Lower Terrace
Buffalo, NY 14202

Toronto Address:
130 Queens Quay E.
Suite 903
Toronto, ON M5A 0P6


Mailing Address:
Horizons Plaza P.O. Box 1263
Buffalo, NY 14240-1263

Buffalo Toronto Public Media | Phone 716-845-7000
BTPM NPR Newsroom | Phone: 716-845-7040
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Is it a good time to buy a house?

A sign announcing a house for sale is displayed in Prospect Heights, Ill., on March 18, 2024. (Nam Y. Huh/AP)
/
A sign announcing a house for sale is displayed in Prospect Heights, Ill., on March 18, 2024. (Nam Y. Huh/AP)

The median price of a house sold in the United States is down slightly, for the first time in years. The Federal Reserve recently lowered interest rates, and in some places, housing inventory is up.

So, if you can afford it, is it a good time to buy a house?

Here & Now‘s Scott Tong speaks with Orphe Divounguy, economist at Zillow, who says it is, but the housing market shifts quickly, and the window is closing fast.

This article was originally published on WBUR.org.

Copyright 2025 WBUR

Here & Now Newsroom