While home prices have not budged much, remaining on the high end in much of the U.S., housing experts say prospective homebuyers may see some relief in the final months of this year and next.
More than 100 panelists who responded to Fannie Mae's 2025 Q2 Home Price Expectations Survey, produced with Pulsenomics LLC, forecast home price growth to average around 2.95% by the end of this year and 2.78% in 2026.
This is lower than estimates from the first quarter. Experts had forecast home price growth at 3.4% on average this year and 3.3% for 2026.
In the second quarter's survey, experts were asked how the top 20 metropolitan area markets will fare regarding home price growth compared to the national average for the remainder of the year and in 2026.
Respondents said the Boston, New York and Philadelphia markets will have larger home price growth rates than the national average, while Austin, Tampa and Dallas are expected to underperform.
While the market is still in flux, expert predictions of easing home price growth, along with an increase in the number of listings, are good signs for those who have been holding off on buying a home.