While high mortgage rates continue to challenge the housing market, certain cities, particularly in the Sun Belt, are expected to see sales growth in 2025. According to housing market platform Realtor.com, these housing markets are expected to see home sales grow by 13.5% to 27.1% year-over-year, far outpacing the national growth forecast of just 1.5%. All top 10 markets are located in the South and West, with Colorado Springs, Colo., leading the way, joined by Miami, Orlando, Fla., and El Paso, Texas, among others.
“Although affordability is still stretched for many households in these markets, as is the case just about everywhere, aspiring homeowners are able to create opportunities and access homeownership as a result of government-backed loan programs that enable lower down payments,” says Realtor.com Chief Economist Danielle Hale. Read more
