Our latest GVR Economics 2025 housing market forecast anticipates improved momentum, primarily driven by lower borrowing costs.

Sales are expected to continue building on late-2024 momentum, stabilizing in line with historical norms by mid-year, while prices are projected to rise moderately, supported by lower interest rates and tighter inventory levels.

Read the forecast below.

• Fundamental factors that drive our market such as household formation, population growth, and employment growth will remain fairly strong.
• Lower borrowing costs are likely to further spur homebuyer demand.
• Inventory levels for each market segment will play the deciding role as to whether prices appreciate or hold steady in 2025.