Reported 3 days ago
The housing market is predicted to improve in 2025 after a stagnant year, yet challenges like high mortgage rates and home prices will continue to affect affordability. While more homes are expected to become available, helping buyers and sellers adjust, many experts foresee a slow recovery with transaction volumes remaining below historical averages due to persistent affordability issues. Regional variations will also impact market dynamics, with affluent areas possibly seeing price increases while less prosperous locales may experience stagnation or decline.
Source: YAHOO