Early Forecasts for the 2025 Housing Market

09/20/2024|The Dolloff Team at eXp Realty|

Thinking about making a move in 2025 and wondering what you can expect? Here’s what expert forecasts say lies ahead.

Early Forecasts for the 2025 Housing Market are predicting some variable results. Ask us what we think is likely to happen in New Hampshire and Maine. Here are some predictions for the 2025 housing market: 

  • Price growthGoldman Sachs is the most bullish on price growth, predicting a 4.4% increase in 2025. Moody’s is the most bearish, predicting a 0.3% increase. 
  • Inventory: Housing inventory is expected to rise throughout 2024, which could lead to price declines in 2025. 
  • Mortgage rates: Mortgage rates are expected to fall throughout 2025. The Federal Reserve is expected to cut its fed funds rate in September 2024, with more cuts expected through 2025. 
  • Sales: Home sales are expected to remain low as long as mortgage rates remain high. 
  • Regional differences: Some regional housing markets could see mild home price declines, while others could see elevated appreciation. 

What is the outlook for prices?

While real estate prices could finally stabilize, it doesn’t look like they’ll drop in 2025. “Home prices are expected to continue rising, though at a more moderate pace,” said Shelly Cofini, a real estate expert and CSO at Redy. “Nationally, experts forecast 15%-25% price appreciation over the next five years.”

The Dolloff Team is predicting upward pressure on prices due to sustained demand and continued depressed inventory. If you qualify for the Homes For Heroes program you could save money! Read more about it on our website: https://dolloffhomes.com/heroes/

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Some Highlights

  • Early Forecasts for the 2025 Housing Market – What’s ahead?
  • Thinking about making a move in 2025 and wondering what you can expect? Here’s what expert forecasts say lies ahead.
  • Mortgage rates will come down slightly. More homes will sell. And prices will rise more moderately.
  • Let’s connect to go over what these forecasts mean for your move and what to expect from our local market in 2025.

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