Denver metro homeowners are staying in their houses for the longest time in at least 25 years, new data shows.
Why it matters: The trend is keeping the housing market on ice for now.
State of play: Low mortgage rates, still-high home prices and tight inventory are the main reasons for the stagnation.
In the Denver metro, sellers at the end of 2025 had owned their homes for an average of 8.5 years — a record in data going back to early 2000, when the average was one year.
The average jumped 6% from the year prior, indicating the trend may only continue to climb.
The big picture: Homeowner tenure has increased steadily in almost every major metro area over the past two decades, according to ATTOM, an industry data provider.
The "trend is especially pronounced in coastal and Northeast metros, where tenure often exceeds a decade, while many Sun Belt and Midwest markets continue to see comparatively shorter ownership periods," CEO Rob Barber tells Axios.
What we're watching: Some golden handcuffs are starting to come loose.
For the first time since 2020, the share of U.S. homeowners with mortgage rates of 6% or higher exceeds those with rates below 3%, a new Realtor.com analysis finds.