"The 2024 housing market is shaping out to be one of the slowest in recent memory, and while hope exists for 2025, it's tempered by systemic issues such as inventory shortages and mortgage rate unpredictability. The forecast of 4.2 million existing home sales marks a modest recovery but remains significantly lower than the averages seen over the last couple of decades."
"HousingWire's analysts predict a home-price appreciation of 3.5% in 2025, attributing this to projected inventory growth and stable mortgage rates. This appreciation, although higher than some other forecasts, still indicates that buyers will face affordability challenges as the market rebounds."
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