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Want more housing market stories from Lance Lamberts ResiClub in your inbox? Subscribe to the ResiClub newsletter. National home prices rose +0.1% year-over-year between October 2024 and October 2025, according to the Zillow Home Value Index reading published last weeka decelerated rate from the +2.4% year-over-year rate between October 2023 and October 2024. In the first half of 2025, the number of major metro area housing markets seeing year-over-year declines climbed. That count has since stopped ticking up. > 31 of the nations 300 largest housing markets (i.e., 10% of markets) had a falling year-over-year reading in the January 2024 to January 2025 window. > 42 of the nations 300 largest housing markets (i.e., 14% of markets) had a falling year-over-year reading in the February 2024 to February 2025 window. > 60 of the nations 300 largest housing markets (i.e., 20% of markets) had a falling year-over-year reading in the March 2024 to March 2025 window. > 80 of the nations 300 largest housing markets (i.e., 27% of markets) had a falling year-over-year reading in the April 2024 to April 2025 window. > 96 of the nations 300 largest housing markets (i.e., 32% of markets) had a falling year-over-year reading in the May 2024 to May 2025 window. > 110 of the nations 300 largest housing markets (i.e., 36% of markets) had a falling year-over-year reading in the June 2024 to June 2025 window. > 105 of the nations 300 largest housing markets (i.e., 36% of markets) had a falling year-over-year reading in the July 2024 to July 2025 window. > 109 of the nations 300 largest housing markets (i.e., 35% of markets) had a falling year-over-year reading in the August 2024 to August 2025 window. > 105 of the nations 300 largest housing markets (i.e., 35% of markets) had a falling year-over-year reading in the September 2024 to September 2025 window. > 105 of the nations 300 largest housing markets (i.e., 35% of markets) had a falling year-over-year reading in the October 2024 to October 2025 window. Earlier this year, an increasing number of housing markets slipped into year-over-year price declines as the supply-demand balance gradually tilted more toward buyers. But in recent months, the list of declining markets has begun to stabilize as inventory growth has stalled. Home prices are still climbing in many regions where active inventory remains well below pre-pandemic 2019 levels, such as pockets of the Northeast and Midwest. In contrast, some pockets in states like Arizona, Texas, Florida, and Coloradowhere active inventory exceeds pre-pandemic 2019 levelsare seeing modest home price pullbacks. Many of the housing markets seeing the most softness, where homebuyers have gained the most leverage, are primarily located in Sun Belt regions, particularly the Gulf Coast and Mountain West. Many of these areas saw major price surges during the Pandemic Housing Boom, with home price growth outpacing local income levels. As pandemic-driven domestic migration slowed and mortgage rates rose, markets like Tampa and Austin faced challenges, relying on local income levels to support frothy home prices. This softening trend is further compounded by an abundance of new home supply in the Sun Belt. Builders are often willing to lower prices or offer affordability incentives to maintain sales, which also has a cooling effect on the resale market. Some buyers, who would have previously considered existing homes, are now opting for new homes with more favorable homebuilder deals. window.addEventListener("message",function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data["datawrapper-height"][t]+"px";r.style.height=d}}}); Of course, while 105 of the nations 300 largest metro area housing markets are seeing year-over-year home price declines, another 195 are still seeing year-over-year home price increases. Where are home prices still up on a year-over-year basis? See the map below. window.addEventListener("message",function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data["datawrapper-height"][t]+"px";r.style.height=d}}});
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E-Commerce
A Thanksgiving tradition since 1924, the Macys Thanksgiving Day Parade has not quite turned 100 years-old yet. How is this possible you might wonder? Because it was skipped for three years1942, 1943, and 1944during World War II. Nevertheless, its 99th anniversary is shaping up to be spectacular. Heres everything you need to know about the (mostly) annual event in New York City, including how to tune in. The Macys Thanksgiving Day Parade by the numbers It takes many people to pull off the Macys Thanksgiving Day Parade. (Some even do the pulling literally.) There will be more than 5,000 volunteers working hard to make magic happen. This spectacle includes 34 balloons and 28 floats. There are also four “ballonicles,” which are essentially balloons on wheels. Lets not forget the 14 specialty units, 33 clown groups, 11 marching bands, and the one and only Santa Claus. The parade route begins on Manhattan’s Upper West Side and ends on 34th Street in Midtown. Whos performing at the 2025 Macy’s parade? Theres a little something for everyone this year. Elphaba Thropp herself, Cynthia Erivo, will kick things off with an opening number performance. Much to the delight of hip children everywhere, the singing voices of HUNTR/X from KPop Demon Hunters will also have a golden moment to shine. Broadway fans can look forward to numbers from Buena Vista Social Club, Just in Time, and Ragtime. Country fans will look forward to Lainey Wilsons vocal talents, and the Radio City Rockettes will high kick their hearts out. Thats just the beginning. There are also performances by Drew Baldridge, Matteo Bocelli, Colbie Caillat, Ciara, Gavin DeGraw, Meg Donnelly, Mr. Fantasy, Foreigner, Debbie Gibson, Mickey Guyton, Christopher Jackson, Jewel, Lil Jon, Kool & the Gang, Darlene Love, Roman Mejia, Taylor Momsen, Tiler Peck, Busta Rhymes, Calum Scott, Shaggy, Lauren Spencer Smith, Luísa Sonza, and Teyana Taylor. Its a jammed-packed event. What other celebrities are appearing? Beyond the performances, the parade will be a star-studded event, filled with athletes such as U.S. Olympian Ilia Malinin and U.S Paralympian Jack Wallace. Actors Kristoffer Polaha and Nikki DeLoach will also dazzle the parade route. Sean Evans will serve as a special correspondent What new floats will join the parade? There are six new floats this year making their way down the parade route. Science fiction fans look out for Upside Down Invasion: Stranger Things by Netflix. Travel lovers can look forward to The Land of Ice & Wonder by Holland America Line. Parade lovers young and young at heart will be excited for Brick-tastic Winter Mountain by the Lego Group. Rounding out the new floats are Master Chocolatier Ballroom by Lindt, Friends-giving in Pop City by Pop Mart, and The Counting Sheeps Dream Generator by Serta. What new balloons will join the 2025 parade? There are four new additions full of hot air to dazzle onlookers. Buzz Lightyear and Pac-Man will have their time to float, as will Shreks Onion Carriage and Mario. Additionally, KPop Demon Hunters fans should keep their eyes peeled for Derpy Tiger and Sussie, who will appear in midsized balloon and ballonicle form. How can I watch or stream the parade live this year? The parade airs today (Thursday, November 27), which is Thanksgiving. No matter your time zone, the action starts at 8:30 a.m. on NBC. NBC’s telecast covers those with traditional cable subscriptions and those with an over-the-air antenna with good reception. If you have the latter, you can watch the parade for free. The event will also be available on Peacock, NBCUniversal’s streaming platform. If Peacock is not in your streaming arsenal, you can turn to a live-TV streaming platform that includes NBC in its bundle. Those include: Hulu + Live TV YouTube TV Sling TV Unfortunately, due to a carriage dispute between NBCUniversal and Fubo, NBC had been removed from that streaming service as of press time. Be sure to check regional differences before you commit to yet another monthly charge.
Category:
E-Commerce
Black Friday isn’t what it used to be. Less than 15 years ago, it was fairly common for people to wake up at ridiculously early hours to drive to a store, where they would stand in line, waiting for the doors to open in order to grab the best deals. Those people still exist, but not in the numbers they used to, thanks to the convenience of online shopping (and the early start to holiday deals). But as artificial intelligence becomes more entrenched, it could play an outsized role in Black Friday (and Cyber Monday)and 2025 could be something of a test case for the technology. The average consumer is expected to spend $1,595 on holiday gifts this year, according to Deloitte. That’s 10% less than 2024 and highlights the importance shoppers will place on bargains this year. And a growing number of consumers will be relying on AI to help them find those deals. Some 33% of the people Deloitte spoke to in its 2025 Holiday Retail Survey said they plan to use AI as part of their holiday shoppingdouble the number who did last year. Many say the tech could assist them with inspiration and product discovery. That could benefit retailers who have already embraced AI in their recommendation engines, as well as those planning to roll it out. “Consumer adoption of gen AI shows that expectations are shifting toward personalization and efficiency,” Deloitte’s report states. “Shoppers now expect instant recommendations tailored to their preferences, budgets, and recipients, raising the bar for retailers digital experiences. To meet holiday shoppers expectations, retailers could consider embedding AI-powered gift finders, style assistants, or deal copilots directly into their sites or apps.” A separate study from marketing automation platform Klaviyo found that 56% of consumers say theyll use AI tools during Black Friday and Cyber Monday. AI can do a lot more than just help people think of creative gifts, of course. Gen AI models like ChatGPT can research prices and recommend the best deal, in some cases even making the purchase for you, a feature used by a growing number of people. Traffic from AI platforms to retail sites during Prime Days and other sales in July was up by 4,700%, according to Adobe Analytics. And the company is predicting an increase in AI usage of between 515% and 550% this holiday season, compared to 2024. Thinking of enlisting a Gen AI to help you find deals? Here’s how to go about it. Make your list. Check it twice Chatbots dont work so well without specifics. You’ll need to know exactly what you’re looking to buy if you’re planning to use AI for price comparisons. Using the broadest example, telling ChatGPT you’re looking for the best price on, say, a Barbie or a blender is akin to calling a Best Buy or Gamestop and saying you want to know their best price for a game console. The $60 no-name brand that has a Tetris clone might technically be the correct answer, but that does you no good if you really wanted a PlayStation 5. Set the AI loose Ask your chatbot to find the best deals for your specific product. Again, details matter, so be sure to offer as much granularity as you can about the product. (To go back to the PS5 example, do you want the PS5 with a disc drive? What amount of internal storage do you want? Do you want a PS5 Slim or Pro or some other model?) It’s also worth asking the chatbot to suggest additional ways to save, such as applicable cash-back apps (like Rakuten), promo codes, or coupons. Fact check the results Prices change all the time during the holiday season, so just because ChatGPT says Store X has the best deal, you’ll still want to check that store’s website to verify the amount your AI assistant quoted is still valid. At the very least, using AI to help you shop will quickly eliminate some options and, ideally, free up some of your time, letting you spend less of November and December hunting for deals and more time enjoying the season.
Category:
E-Commerce
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