Housing Market Forecast May 2025

Housing Market Forecast May 2025. 2025 Housing Market Forecast Discover Morgan Stanley's mortgage rates forecast for 2025 as well as the rates outlook for 2026 and where home prices may be. The new forecast projects that asking rents will drop slightly by 0.1% in 2025, after growing 1.2% in 2023 and dipping 0.2% this year.

2023 Housing Market Forecast [INFOGRAPHIC] Keeping Current Matters
2023 Housing Market Forecast [INFOGRAPHIC] Keeping Current Matters from www.keepingcurrentmatters.com

Yun released a rosier forecast for the housing market for 2025 and 2026, with an outlook for higher home sales and moderating mortgage rates. 1 These changes may drive more housing inventory, which could help ease some of the pressure on housing prices

2023 Housing Market Forecast [INFOGRAPHIC] Keeping Current Matters

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 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. 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. 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. The new forecast projects that asking rents will drop slightly by 0.1% in 2025, after growing 1.2% in 2023 and dipping 0.2% this year.

Housing market forecast What to expect for home prices, sales in 2025. new home sales and more turnover in existing home sales Yun released a rosier forecast for the housing market for 2025 and 2026, with an outlook for higher home sales and moderating mortgage rates.