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Altos Founder Mike Simonsen on the latest housing market trends

RealTrending

CHAPTER

Current Trends in Home Sales and Prices

This chapter explores the effects of rising mortgage rates on home sales, noting a significant drop in annual sales since the pandemic. It offers a cautious forecast for 2025, predicting a 3.5% increase in home prices while addressing underlying factors such as affordability challenges and market variability.

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