2023 Housing Market Forecast [INFOGRAPHIC] Keeping Current Matters

Housing Market Forecast May 2025. AZ Housing Market Prices And Forecast 2023 (2025) What will happen to the housing market in 2025? After dipping as low as 6.2 percent in September 2024, the average 30-year mortgage rate rose back above 7 percent for most of early 2025. The following is a summary for year-end 2024, 2025 and some predictions for the housing market through 2029

The following is a summary for year-end 2024, 2025 and some predictions for the housing market through 2029 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 2025 Housing Market Forecast for Buyers & Sellers

But it's likely still going to be expensive to get a mortgage and purchase a home. Yun released a rosier forecast for the housing market for 2025 and 2026, with an outlook for higher home sales and moderating mortgage rates. 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.

Australian Housing Market Predictions 2025 Paul Russell. Housing market conditions may ease somewhat in 2025 now that the Federal Reserve has started cutting rates Yun predicts an uptick of nearly 2 million jobs for 2025 and another nearly 2 million.

Why The Housing Market Won't Crash In 2023. Housing market conditions may improve somewhat in 2025 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.