Housing Market April 2024 Forecast. Due to solid housing demand but lean inventory, we expect upward home price pressure and forecast home prices to increase 0.5% in 2024 and in 2025. Realtor.com's forecast and housing market predictions on key trends that will shape the year ahead.

With the limited housing supply of 3.8 months and lower demand, real estate experts have mixed housing market predictions for 2023. The national average home price is forecast to rise by 5% from 2024 to $729,319 in 2025.