2025 Housing Market Predictions: What Economists Expect for the Year Ahead
Real estate economists say a continued trend of higher-for-longer mortgage rates will continue into 2025 accompanied by high home prices, but slight improvements are ahead.
December 20, 2024 Reading Time: 12 mins read
Ask any real estate or mortgage professional what housing has been like in 2024, and the answer is likely chaotic. Ask consumers the same question, and they’ll probably sum it up in one word: unaffordable.
A continued trend of higher-for-longer mortgage rates will continue into 2025 accompanied by high home prices, but slight improvements are ahead, bringing some (but not much) relief to cost-weary potential homebuyers who’ve been sidelined.
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