Over the past decade, home prices across the U.S. have risen, but price growth has been greater in some regions than others. In Idaho, for example, home prices have increased by more than 150% since 2014.
In the suit, the National Association of Home Builders—along with 15 state attorneys general—claim the International Energy Conservation Code will increase housing costs and worsen the affordability crisis.
Home prices are soaring in many parts of the U.S., but in some areas prices could actually drop over the next eight months. Most cities with expected home-price drops are in the South and Southwest.
Several housing markets in the Northeast are expected to be popular in 2025 due to their relative affordability and proximity to other larger cities. Buffalo, N.Y., is one example.
