Housing Market Predictions for 2025: What's Next for Buyers and …

Dec 4, 2024 · One important caveat: If mortgage rates fall more than expected, it’s less likely that buyer's markets will spread to the Southwest. This is because a rate dip would pull more buyers than sellers back to the market, which would increase competition among buyers and give …

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Agents, Buyers, And Sellers Share Their Housing Market …

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Dec 9, 2024 · 📆 2025 Housing Market Predictions . More home buyers and sellers believe 2025 will be a seller’s market (42%) than a buyer’s market (33%). However, real estate agents are more …

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FAQs about Housing Market Predictions for 2025: What's Next for Buyers and … Coupon?

What will the housing market look like in 2025?

While the predictions for the housing market in 2025 appear to be positive overall, it's essential to acknowledge some of the challenges and opportunities that lie ahead: Affordability: Housing affordability remains a major hurdle for many Americans, particularly first-time homebuyers. ...

Will 2025 be a good time to buy a house?

Buyers can expect a bit of extra breathing room in 2025 with more inventory looking set to shake loose. Zillow predicts a more active housing market and more buyers gaining the upper hand in 2025, but those hoping to buy — or even refinance — should buckle up for a bumpy ride and stay ready to move when conditions are right. ...

What will the housing market look like in 2024?

The following is a summary for year-end 2024, 2025 and some predictions for the housing market through 2029. 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. ...

Will supply increase home price in 2025?

“If we bring more supply to the housing market, home price increases will not be as outrageous … and will be more in line with wages.” Yun’s forecast: 2025 median home price: $410,700; up 2% over 2024. 2026 median home price: $420,000, up 2% over 2025. ...

Will 2025 & 2026 be a good year for the housing market?

Yun predicts an uptick of nearly 2 million jobs for 2025 and another nearly 2 million increase in 2026, which could bode well for the housing market. “2023 and 2024 were both difficult years in the housing market,” Yun said. But pending home sales eked out a 3% year-over-year gain in September, he said, a signal that is “maybe the worst is over.” ...

What is the forecast for home sales in 2025?

Our 2025 forecast for home sales trends is slightly upward, with an expected annual count of sales to be 1.5% more than 2024, for an annual tally of 4.07 million sales. We have evidence that both home-buyers and sellers are sensitive to mortgage rate fluctuations. ...