Zillow Just Predicted Home Prices Will Fall Nearly 2% by the End of the Year

Zillow Just Predicted Home Prices Will Fall Nearly 2% by the End of the Year

It's the most significant housing market drop seen in years.John BesslerKey TakeawaysHome sales are projected to rise 3.3%, and home values are expected to drop 1.9% in 2025.Mortgage rates are expected to rise to 6.5% by the end of the year.While home listing prices may be reduced in the coming year, single-family rents are set to rise.If you’re a hopeful homebuyer waiting for the housing market to lower its prices, you may very well be in luck …