5 housing market predictions for 2025, according to economists
The median asking price for a home in the U.S. will likely rise 4% over the course of 2025, a pace similar to that of the second half of this year, according to Redfin. The 4% annual pace is a “normalization” compared to the accelerated growth last seen in 2020. At a national level, the median asking rent price in the U.S. will likely stay flat over the course of a year in 2025, as new rental inventory becomes available, according to Redfin. Redfin also forecasts mortgage rates will average 6.8% in 2025, and hover around the low-6% range if the economy continues to slow.
