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CoreLogic predicts that home-price appreciation will slow to an average growth of 2 percent for 2025, as compared to 4.5 percent growth in 2024, according to Hepp.
The firm predicts that home prices will rise by 2.6% in 2025, while existing-home sales will notch 4.3 million, up from the 4 million sales it expects this year.
Data on cities where home prices are expected to decline is sourced from CoreLogic and is accurate as of Aug. 6, 2024. Data on typical home values and 1-year value change is sourced from Zillow ...
The 08234 section of Egg Harbor Township, New Jersey,, and the 37920 section of Knoxville, Tennessee, are projected to see a 4.5% growth in the average home price through August 2025.
I expect home prices will fall dramatically in 2025.” Stauffer also hones in on mortgage rates. “Ideally, we’d need rates around 4% to ease the ‘lock-in’ effect we’re seeing,” she noted.
Home prices by county (2021) <$100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000+ Cost of housing by State. This article contains a list of U.S. states and the District of Columbia by median home price, according to data from Zillow.
Here's where home prices have been dropping over the past year, according to Realtor.com: Miami, Florida: Down 11.2%. ... perhaps dropping to 5.5% by the end of 2025.
Price will increase only 0.5% in 2024 and 2025, the mortgage giant said Thursday. That's down sharply from its forecast in March , when it predicted home prices would rise 2.5% in 2024 and 2.1% 2025.