01/20/2025
The housing market could open up more opportunities to home buyers in the new year and lead to a housing rebound after two years of sluggish sales, housing economists said during the NAR Real Estate Forecast Summit. During the virtual summit, NAR released its 2025 housing forecast, predicting stronger home sales (rebounding after hitting a 15-year low this summer), moderating but still increasing home prices, a greater number of homes coming up for sale—both newly built and existing—as well as stabilizing mortgage rates. Read about Housing Hot Spots from NAR here:
While real estate is inherently local, each year the National Association of REALTORS® identifies markets expected to outperform based on key trends and metrics.