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What's in store for 2025? Fortunately, said Nadia Evangelou, senior economist at the National Association of REALTORS®: "The market is gaining momentum." Price moderation is one promising sign, she said. This year, home prices are up about 4%. In 2025? "Two percent increase projected, a significant slowdown compared to recent years," she said. And buyers will benefit from more homes coming on to the market. "Inventory levels expected to improve as new construction picks up and more homeowners list their properties," Evangelou said. That's based on the NAR's prediction that mortgage rates will fall to around 6% next year.