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If the study’s projections prove accurate and the sale price does experience 12.7% year-over-year growth, the median buyer this time next year would pay $507,150 for the same house.
This will likely make affordability a continuing issue in 2025. “The average 30-year fixed mortgage rate will spend most of the year in the 6s, with a short-lived spike above 7 percent, but ...
Experts from Redfin and Fannie Mae and Pulsenomics LLC told USA TODAY in December that they expect a 3.8% to 4% rise in the median home sale price and a 4.2% to 5.1% bump in home sales in 2025 ...
Homebuyers eager to forget this year's housing market may ring in 2025 with an extra dash of zeal. A rapid rise in home prices has coincided with stubbornly high mortgage rates, shutting out ...
2025 existing home sale counts year-over-year: 17.3%. 2025 existing home median sale price year-over-year: 7.7%. Editor’s note: Data was sourced from Realtor.com and is accurate as of Dec. 10, 2024.
The real estate group also expects home prices to rise further in the coming year, though more slowly than in 2024. The number of homes on the market is and will continue to increase in 2025.