Housing Market Forecast May 2025

Housing Market Forecast May 2025. Housing Market Forecast May 2024 Giana Julieta 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 Housing market conditions may improve somewhat in 2025

But it's likely still going to be expensive to get a mortgage and purchase a home. Yun predicts an uptick of nearly 2 million jobs for 2025 and another nearly 2 million.

Housing Values 2025 Julia Bell

With improving job numbers and recent gains in the stock market, more Americans may be motivated to act, Yun said Housing market conditions may improve somewhat in 2025 The following is a summary for year-end 2024, 2025 and some predictions for the housing market through 2029

AZ Housing Market Prices And Forecast 2023 (2025). A housing shortage is often attributed to supply tightness. 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.

2023 Housing Market Forecast [INFOGRAPHIC] Keeping Current Matters. But it's likely still going to be expensive to get a mortgage and purchase a home. Housing market conditions may ease somewhat in 2025 now that the Federal Reserve has started cutting rates