Don’t Expect Home Prices to Go Down Anytime Soon, Experts Say

Lack of inventory and high interest rates will continue to push home prices up into 2025, experts say.

Illustration by The Epoch Times, Shutterstock

As a seller’s market on housing persists throughout most of the United States, prices continue to rise and affordable homes appear to be slipping through the fingers of the average American.

The National Association of Realtors (NAR) reported a record national median sales price of $419,300 for a single-family home in May.