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Zillow’s 2025 housing market forecast anticipates a "bumpy" year, with home-price growth of 2.6%, aligning with this year’s growth, and 4.3 million existing-home sales projected. Rising inventory, particularly in the Southwest, could shift leverage toward buyers, though elevated mortgage rates and economic uncertainties pose challenges. Donald Trump’s proposed tariffs and immigration policies may drive up costs for homebuilders, exacerbating affordability issues and impacting new-home sales. Other forecasts vary, with HousingWire expecting 4.2 million sales and 3.5% price appreciation, while Fannie Mae and MBA project 4.3-4.5 million sales, reflecting differing views on the impact of economic and political factors on the housing market.

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PODCAST ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.