Housing Market Forecast May 2025. Housing market forecast What to expect for home prices, sales in 2025 The forecast is based on the assumption that interest rates will stay around 6.5%, and that more sellers will list their homes for sale A housing shortage is often attributed to supply tightness.
Housing market forecast What to expect for home prices, sales in 2025 from www.usatoday.com
Supply should be less of a support for the housing market in 2025." Nationally, single-family existing homes for sale are up roughly 20% year-over-year, but the number remains near record lows, around 20-30% below prior troughs The following is a summary for year-end 2024, 2025 and some predictions for the housing market through 2029
Housing market forecast What to expect for home prices, sales in 2025
But it's likely still going to be expensive to get a mortgage and purchase a home. The new forecast projects that asking rents will drop slightly by 0.1% in 2025, after growing 1.2% in 2023 and dipping 0.2% this year. Zillow forecasts 4.3 million sales of existing homes in 2025, up slightly from the 4 million expected to sell in 2024.
AZ Housing Market Prices And Forecast 2023 (2025). The following is a summary for year-end 2024, 2025 and some predictions for the housing market through 2029 1 These changes may drive more housing inventory, which could help ease some of the pressure on housing prices
2025 Housing Market Forecast. Mortgage rates are expected to ease this year, which may help boost demand. Although a recession is no longer predicted, economic growth is expected to decline from the robust rates of 2.9% in 2023 and 2.8% to 3.0% during the second and third quarters of 2024.