5 home price scenarios that could occur in 2025 - CBS News

December 10, 2024 / 8:58 AM EST / CBS News Home prices could rise or fall in 2025, depending on a series of influencing factors. Getty Images ... 5 home price scenarios that could occur in …

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5 Housing Market Predictions For 2025, According To Economists

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Dec 8, 2024 · In October, the median sales price for a single-family home in the U.S. was $437,300, up from $426,800 a month prior, according to the latest data by the U.S. Census.

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Prediction 3: There Will Be More Home Sales In 2025 Than 2024

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Dec 4, 2024 · Prediction 1: Home Prices Will Rise 4% in 2025. We expect the median U.S. home-sale price to rise steadily throughout 2025, ending the year 4% higher than it was in 2024. …

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5 Housing Market Predictions For 2025, According To Realtor.com ...

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Dec 6, 2024 · Home prices will drift higher The median home sale price nationwide is up 32% since 2019, per the Federal Reserve Bank of St. Louis. However, it was $420,400 in the third …

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What You Need To Know If You’re Buying A House In 2025

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1 day ago · In 2024, rates fluctuated a fair bit, with 30-year fixed mortgage rates averaging from 6.08% to 7.22%. With many experts anticipating that the Fed will reduce rates four more times …

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FAQs about 5 home price scenarios that could occur in 2025 - CBS News Coupon?

What will the housing market look like in 2025?

Here are five housing market predictions for 2025, according to Fairweather and other economists. The median asking price for a home in the U.S. will likely rise 4% over the course of 2025, a pace similar to that of the second half of this year, according to Redfin. ...

What's going on with home prices in 2025?

"Our expectation is that rates are going to be in the 6% range as we move into 2025," Jessica Lautz, deputy chief economist and vice president of research at the National Association of Realtors, recently told CNBC. Pent-up demand from buyers and sellers on the sidelines may drive home transactions next year. ...

Will home values grow in 2025?

Home values will grow at a modest rate After several years of skyrocketing values, 2024 brought us some much-needed breathing room and 2025 is expected to offer more of the same. Home values nationally are forecast to grow by 2.6% — a softening that would be welcome news for financially stressed buyers. ...

Will 2025 be a good year to buy a house?

Still, given that consumers have become more used to higher borrowing rates for homes, those with sufficient incomes and down payments may see 2025 as a perfect year to jump back into the housing market, especially as the lock-in effects of sub-6% interest rates continue to wane. ...

What if more homeowners decide to sell in 2025?

If more homeowners decide to sell in 2025, the cost of a home could level off instead of continuing to rise. "Price stabilization would require a balance between supply and demand, achieved through modest increases in inventory and steady buyer activity," explains Ryan. This scenario depends heavily on interest rates. ...

Will high home prices make 2025 a renter's market?

Redfin expects high home prices next year to continue keeping first-time homebuyers out of the market and pushing them, or keeping them, instead in the rental market. According to the company, that would make 2025 a renter's market, with the units being built during the pandemic finally being put on the market, adding inventory. ...