Bright MLS expects existing-home sales to rise by 7.5% in 2025, anticipating a total of 4.4 million sales despite ongoing macroeconomic uncertainties.
Lisa Sturtevant noted that new home listings could create significant pent-up demand in 2025, although economic and political uncertainties may restrain home sales activities.
The forecast indicates that mortgage rates are expected to average 6.4% in 2025, with home prices projected to increase by 3.1%, alongside a 12.5% rise in inventory.
HousingWire's analysts anticipate similar trends with existing-home sales estimated at 4.2 million and prices projected to rise by 3.5%, reflecting a cautiously optimistic outlook for 2025.
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