2025 Housing Market Predictions: Steal These 4 Charts to Guide Your Clients

What does 2025 hold for the housing market? The latest forecasts are in, and the numbers paint a complex picture for buyers, sellers, and real estate professionals alike. 

Realtor.com sees existing home sales increasing by just 1.5% year over year—the lowest of all major forecasts—while NAR remains optimistic with the most bullish projection of a 9% increase. Meanwhile, price projections suggest growth, but just how much depends on who you ask—Wells Fargo leads with 4.9%, while others see more modest gains.

In this post, we’ve gathered the latest projections on home sales, price growth, inventory levels, and mortgage rates—all in easy-to-read charts you can reference in your conversations with buyers and sellers. 

For this roundup, forecasts and data were compiled from the following sources:

• Realtor.com
• Zillow
• National Association of Realtors and NAR’s Quarterly Housing Market Outlook 
• Fannie Mae’s Home Price Expectation Survey and Housing Forecast (table)
• Freddie Mac
• CoreLogic
• Mortgage Bankers Association (MBA)
• Goldman Sachs
• Capital Economics
• HousingWire
• Wells Fargo
• Bright MLS
• Business Insider (via Goldman Sachs)

Let’s get started.

Home Sales Forecasts for 2025

Realtor.com’s 2025 forecast for existing home sales stands at 4.07 million—the lowest of all the analysts who’ve shared their updated projections for the coming year. Next up are Fannie Mae at 4.176 million and Wells Fargo at 4.187 million. 

Meanwhile, the National Association of Realtors (NAR) offers the most bullish forecast at 4.47 million, followed by Bright MLS at 4.4 million and Zillow at 4.3 million. 

Home Price Forecasts for 2025

Zillow forecasts 2.6% home value growth in 2025, while Realtor.com predicts a 3.7% increase, consistent with growth trends since 2012. 

Wells Fargo has the most bullish forecast with 4.9% annual growth in home values for 2025, while Mortgage Bankers’ Association (MBA) stands out as the most bearish of the analysts in the chart below, with a forecasted annual growth rate of 1.5%. 

Inventory Forecasts for 2025

Analysts agree that housing inventory will continue to rise in 2025—with HousingWire projecting annual growth of 13%, followed by Bright MLS at 12.5% and Realtor.com at 11.7%. 

Mortgage Rate Forecasts for 2025

Of the nine analysts with updated mortgage rate forecasts for 2025, HousingWire stands out with a projected range of 5.75% to 7.25%, averaging out to 6.5%, which is the highest (or most conservative) average of all the forecasts in the chart below. 

The National Association of Realtors (NAR) is forecasting the lowest average rate at 5.9% for 2025, while Bright MLS predicts an ambiguous “above 6%.” Zillow and Freddie Mac both expect a “gradual decline” in rates. Goldman Sachs predicts a 6.1% rate for the end of 2025.