FHFA data showed nationwide prices kept climbing, but growth cooled versus earlier decade. Regional differences mattered more, shaping home values and affordability across the US. Midwest and South saw solid gains, tied to jobs, affordability, new residents. Coastal high-price markets like CA and NY showed cooling, blamed on high entry costs. Affordability...
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...
Fannie Mae has revised its 2025 housing market forecast, predicting fewer home sales and slower price growth due to persistently high mortgage rates. The expected 30-year mortgage rate is now around 6.5% by the end of 2025. Home sales are projected at 4.89 million, down from 5.00 million, with home price growth slowing to 3.5% in 2025. The Sun Belt is expected to see more sales, while the Northeast and...
Housing affordability declines due to stagnant wages. Miami wages ↑~7% yearly during Q3. Yet, Miami's 11% home price rise outpaces wage growth....
Compare listings
Compare