Home Sales May Fall to New 30-Year Low in 2025 as Mortgage Rates Remain Elevated
Home sales could fall to a new three-decade low in 2025 as elevated mortgage rates continue to crimp affordability, according to new projections from the Realtor.com® economic research team. The Realtor.com Housing Forecast Midyear Update released on Wednesday provides revised projections for trends in mortgage rates, home sales, and home prices in 2025, updating the