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Housing Experts Forecast Home Price Growth Trends Into 2025

Appraisal Buzz

in 2025, according to the Q2 2024 Fannie Mae Home Price Expectations Survey (HPES) —conducted in collaboration with Pulsenomics, LLC. Listings have trended generally upward of late, suggesting to us that a rising number of current homeowners can no longer put off moving. Following a 6.6% in 2024 and 3.2% projection.

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Pending home sales surged in December: NAR

Housing Wire

According to an NAR outlook, home sales are projected to rise significantly in 2024 and 2025 as the housing market steadily returns to normal. increase between 2024 and 2025 to a pace of 5.35 in 2025 to reach $405,200. in 2025 to reach $405,200. But new listings activity grew by 9.1% million and a 15.8%

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Pending-home sales drop 13% from a year ago as rates stay high: Redfin

Housing Wire

17, total active listings were at 806,701, down 16.2% However, new listings have stabilized, ticking up slightly since the beginning of September. “In one week, we had the biggest decline in new listings data all year, which might indicate Americans are giving up on listing their homes.

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Compass CEO Reffkin: Fears over agent commissions ‘have simply not materialized’

Housing Wire

Compass also said it is not seeing any changes in new listings with regard to commission offers, whether on the Compass platform or on multiple listings services (MLSs). It’s launching a beta version of its client dashboard in October, with full rollout finishing at the beginning of 2025.

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A sub-7% mortgage rate brings holiday cheer

Housing Wire

“Given inflation continues to decelerate and the Federal Reserve Board’s current expectations that they will lower the federal funds target rate next year, we likely will see a gradual thawing of the housing market in the new year,” Sam Khater, Freddie Mac’s chief economist said in a statement. One LO said he quoted an FHA borrower at 5.7%.

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Sellers Listing Their Homes … But Buyers Aren’t Biting 

Appraisal Buzz

Inventory, New Listings and Pending Sales Overview New listings increased by 7.9% more new listings compared to last year. New listings are still 23.3% Inventory (the number of listings active at any time during the month) in May increased by 7.4% through May 2025. There were 12.6%

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This is a big week for housing, jobs and mortgage rates 

Housing Wire

Remember that even though we are showing growth year over year — 2023 was the lowest levels of new listings ever recorded in history. This week, the data did dive, but it was the traditional drop we see during the Memorial Day weekend and we will have a rebound in the data line next week.

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