Realtor.com® 2025 Housing Forecast: Will There be a "Trump Bump" in Housing Next Year? [Yahoo! Finance]
News Corporation - Class B (NWS)
US:NASDAQ Investor Relations:
investors.newscorp.com/investor-relations
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Source: Yahoo! Finance
Dec. 4, 2024 /PRNewswire/ -- Broader economic factors are expected to have a larger impact on the housing market than potential new federal policies in 2025, according to the Realtor.com ® 2025 Housing Forecast released today. Realtor.com ® 's forecast predicts home sale prices will grow by 3.7%, mortgage rates will stay above 6% and rents will remain virtually unchanged (-0.1%). Growth in inventory with single family home starts is expected to grow 13.8% and existing for-sale home inventory is expected to grow by 11.7%, which will help bring the first balanced market in nine years. "While President-elect Trump can work quickly with his administration to implement some regulatory changes, other policies that will affect housing, such as tax changes and broad deregulation, require the cooperation of other branches and levels of government," said Danielle Hale , chief economist, Realtor.com ® . "The size and direction of a Trump bump will depend on what campaign proposals ultimately b
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