Housing Market Outlook 2025: 8 Early Predictions on Home Prices
As mid-July approaches, the 2024 U.S. housing market is transitioning from its typical peak season for rising home prices to a period known for softer conditions.
According to Fast Company, a few notes about the forecasts: First, this round-up only includes forecasts publicly issued by these firms, or forecasts directly provided to ResiClub. Of course, there are other forecasts out there, that aren’t shared publicly, and thus not included in the round-up. (For instance, John Burns Research and Consulting has forecasts it shares with just its own clients).
Second, while all of these forecasts are for national home prices, the indexes can vary. Goldman Sachs, for example, forecasts for the Case-Shiller National Home Price Index, while Freddie Mac forecasts for the Freddie Mac House Price Index, and Moody’s forecast for its repeat sales index.
Thirdly, to maintain an apples-to-apples comparison, forecasters who predicted only within a 12-month window that did not align with calendar year 2025 were excluded from the roundup. For example, CoreLogic’s forecast published last month expects U.S. home prices to rise 3.4% between April 2024 and April 2025, while Zillow’s forecast published in June expects U.S. home prices to fall 1.2% between May 2024 May 2025. To keep an apples-to-apples comparison, CoreLogic and Zillow were excluded from the round-up.