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January 15 2025

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Reef Daily | January 15 2025

Housing Market Update

Latest Market Data (January 15, 2025)

  • Annual US inflation rose to 2.9%, with core inflation showing signs of stabilization
  • Freddie Mac Multifamily volume reached $66 billion in 2024, up 34% year-over-year, supporting over 507,000 affordable rental units
  • Hamptons real estate market shows strong activity with 21 listings going into contract, a 133% increase year-over-year
  • Kearny, NJ reported 16 home transfers between January 6-12

Mortgage Rates

Current rates as of January 15, 2025:

Type Today's Rate Last Week's Rate
30-year fixed 7.13% 7.02%
15-year fixed 6.29% 6.28%
5/6 ARM 7.29% 7.35%

Rates have climbed to their highest level in seven months

Future Forecasts The Fed's policy committee has indicated fewer rate cuts for 2025, projecting only two reductions instead of the previously predicted four

Notable Transactions

Commercial Highlights

  • Kering and Ardian signed investment agreement for prime real estate assets in Paris
  • Tether announced construction of new Tether Tower in San Salvador

Regional Activity

  • Northeast: Hamptons saw $48 million in transaction volume, with 29 new listings coming to market
  • West: Los Angeles area experiencing significant disruption due to severe weather conditions affecting property viewings and transactions

Market Indicators

Inventory Trends Hamptons market data shows current inventory of 1,734 total listings:

  • 1,290 Active Listings
  • 444 In Contract Listings

Regional Developments

Northeast

  • Hamptons luxury market showing strong recovery with 2 transactions between $5-10M and 2 between $3-5M

West

  • Los Angeles region facing challenges due to severe weather conditions and fires affecting property showings and closings

South

  • El Salvador seeing increased commercial development activity with announcement of major construction project

Sources

  1. hamptons.com
  2. nj.com
  3. blockchain.news
  4. timesofindia.indiatimes.com
  5. investopedia.com
  6. moneyfactscompare.co.uk
  7. investing.com
  8. investopedia.com
  9. creativeloafing.com
  10. nybooks.com
  11. businesswire.com
  12. financefeeds.com
  13. manilatimes.net
  14. hklaw.com
  15. cnbctv18.com
  16. concordia.ca
  17. us.acrofan.com
  18. reuters.com
  19. aap.com.au
  20. tradingview.com
  21. themalaysianreserve.com
  22. manilatimes.net
  23. mining.com.au
  24. wsj.com
  25. news.paddypower.com
  26. manilatimes.net
  27. reuters.com
  28. mortgagebusiness.com.au
  29. mpamag.com
  30. mpamag.com
  31. financialexpress.com
  32. hklaw.com
  33. manilatimes.net
  34. people.com
  35. kalingatv.com
  36. republictimes.net
  37. philstar.com
  38. patch.com
  39. yourobserver.com
  40. dailynews.lk
  41. ndtvprofit.com
  42. nj.com
  43. businesstoday.com.my
  44. philstar.com
  45. finance.yahoo.com
  46. azernews.az
  47. moneycontrol.com
  48. financialexpress.com
  49. moneycontrol.com
  50. blockchain.news
  51. timesofindia.indiatimes.com
  52. economictimes.indiatimes.com
  53. reuters.com
  54. solarquarter.com
  55. ndtvprofit.com
  56. news.sky.com
  57. aol.com
  58. orangeobserver.com
  59. dallasinnovates.com
  60. theindependent.sg
  61. boston.com
  62. marketsmojo.com
  63. coolest-gadgets.com
  64. financialexpress.com

This newsletter is for informational purposes only and should not be considered as financial advice.

© 2025 Reef Insights. All rights reserved.

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