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A U.S. housing market report shows buyer agent commissions held steady at 2.42% in Q3 2025, resisting anticipated declines following new National Association of Realtors (NAR) rules. This stability occurs amid a market facing deeply divided expert forecasts and a persistent affordability crisis.
The Federal Reserve is poised for a 25-basis-point rate cut, but the move is expected to worsen the housing market's "lock-in effect," where homeowners are financially disincentivized to sell due to high current mortgage rates.