Excerpt:
Towards the end of each year, I collect some housing forecasts for the following year - and also provide my own outlook. Several more forecast will be available in early December.
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The table below shows several early forecasts for 2025:
A few points from these early forecasts:
1. Forecasters expect house prices to increase next year in the low-to-mid single digits.
2. Everyone expects multi-family starts to stay depressed in 2025.
3. Everyone expects both new and existing home sales to increase in 2025, although existing home sales are expected to remain in the low 4 million range.
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