Experts predict a significant evolution in the housing market from 2025 to 2028, with a slower pace of home price growth. Projections indicate a 4.7% increase in 2024 and 3.1% in 2025, with cumulative gains ranging from 7.5% to 31.6% by 2028. A persistent housing shortage of approximately 2.8 million homes is expected to impact affordability. Policy changes may help increase supply, but confidence in their implementation is low. Buyers and sellers should prepare for a more balanced market with moderated price appreciation.
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