During a Cabinet meeting at the White House, President Trump indicated that his aim is to elevate housing prices to keep homeowners in the U.S. feeling financially secure. He voiced that, “We’re going to keep people in existing homes wealthy, and we’re going to maintain those prices.” He added that he believes it’s essential not to undermine the value of homes just so that others can afford to buy them.
According to Trump, the government will work to make home buying easier. He mentioned, “There’s a lot of talk about bringing down housing prices. I don’t want to bring down housing prices. I want to increase home prices for people who own their homes, and they are confident that will happen.”
The White House did not respond immediately to inquiries for further comments.
In the same meeting, Trump suggested that his upcoming choice for the Federal Reserve Chairman, whose term ends in May 2026, will help lower U.S. interest rates. He emphasized that, “Interest rates are coming down,” and stated that having a reasonable person in the Fed is crucial for collaboration on this matter, noting how lower interest rates not only help current homeowners but also assist others in purchasing homes.
These remarks came shortly after the Federal Reserve announced that interest rates would remain unchanged, following three consecutive cuts in 2025. Currently, the rates are anticipated to be between 3.5% and 3.75%.
Trump mentioned his plans to announce the next Fed chair within a week. Meanwhile, Democratic Governor Kathy Hochul of New York pointed out in a recent post that the president is not just uninterested in lowering home prices, but seems actively inclined to keep them high.
Interestingly, back on January 7, Trump had announced intentions to prevent major investment firms from buying single-family homes in a bid to make housing more accessible for younger Americans, concerned that the American Dream is slipping away from many. Some economists noted that the persistent demand for housing in the U.S. may, in fact, be linked to a significant undersupply.
As for housing prices, reports show that the median existing home price in the U.S. reached $415,200 as of October 2025, a notable increase from $271,100 five years prior.
