Author: GoBankingRates
The real estate market has been challenging to understand over the last few years. Limited inventory, higher interest rates, and increased home prices have frustrated many potential home buyers, leaving many waiting to see if rates will come down.
Although it’s early to say for certain what the housing market will look like in 2025, GOBankingRates reached out to two real estate experts for their predictions on what to expect.
Housing Market Will Stabilize
“The real estate market in 2025 is expected to experience a period of stabilization and modest growth,” said Tammie Carter, a licensed Realtor and real estate advisor with Engel & Völkers Atlanta. “Home prices are likely to grow at a slower, more sustainable pace compared to the rapid increases seen in recent years.”
Carter believes that prices should remain relatively flat or see minor price increases on a national basis. After rising more than 50% over the last five years, prices may finally stabilize in 2025.
Housing Prices Won’t Drop
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.”
