Zillow: Home Sales Expected To Increase in 2025

Dec 18, 2024

A forecast for slowly declining mortgage rates in 2025 could lead to gradual growth for both home sales and home price appreciation, according to Zillow’s market report.

Zillow expects 4.06 million home sales in 2024, increasing slightly to 4.16 million in 2025.

Home values are expected to increase 2.2% over the course of 2025.

"There's a strong sense of déjà vu on tap for 2025,” Zillow Chief Economist Skylar Olsen said in a statement. “We are once again expecting mortgage rates to get better gradually, and opportunities for buyers should follow, but be prepared for plenty of bumps on that path.”

Read the full report here.

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