Most forecasts indicate modest nationwide home value increases in 2025, but an analysis identifies five markets at high risk of price declines: Provo, UT; Tucson, AZ; Albuquerque, NM; Phoenix; and West Palm Beach, FL. CoreLogic reports a 70% or greater probability of falling prices in these areas, attributed to cooling demand and rising inventory. While national home prices grew by about 4.5% in 2024, projections suggest a smaller increase of 4.1% in 2025, with mortgage rates remaining near 7%.
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