What to watch for in 2025 housing market predictions
Whether you rent or buy, housing is not inexpensive.
According to the most recent data from the U.S. Census, the median sales price for a single-family home in the United States was $437,300 in October, up from $426,800 the previous month.
Redfin, an online real estate brokerage website, reports that the typical rent price in the United States was $1,619 in October, which is about the same as it was a year ago, up 0.2%, and down 0.6% from the previous month.
More from CNBC
This factor can get your mortgage application denied
Student loan borrowers may find bankruptcy harder under Trump
College enrollment falls 5% for 18-year-old freshmen
Although it can be challenging to forecast exactly how the housing market will behave in 2025, a number of economists have...