Home Sales Forecast: 4M Units
Sales activity will remain stable near 4 million, slightly below 2024, with modest fluctuations expected through late 2025.
Price Growth Slows to 2.5%
National home prices will continue to rise, but at a slower pace, as inventory builds and sellers adjust to a more balanced market.
Mortgage Rates to Dip to 6.4% by Year-End
Average rates will hold steady at 6.7% for the year but are projected to ease slightly by Q4, offering marginal relief to buyers.
Inventory Expands by 16.9%
Listings are expected to grow significantly, creating the most buyer-friendly conditions since 2016, especially in balanced-to-softening markets.
Rent Prices to Remain Flat or Decline
With rental rates easing nationwide, renting will continue to be the budget-friendly alternative, especially for first-time home seekers.
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