5 housing market predictions for 2025, according to economists

Published Sun, Dec 8 202410:00 AM ESTUpdated Tue, Dec 10 202411:27 AM EST

By: Ana Teresa Solá

Housing is not cheap — whether you’re buying or renting. 

In October, the median sales price for a single-family home in the U.S. was $437,300, up from $426,800 a month prior, according to the latest data by the U.S. Census. 

Meanwhile, the median rent price in the U.S. was $1,619 in October, roughly flat or up 0.2% from a year ago and down 0.6% from a month prior, according to Redfin, an online real estate brokerage firm.
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