Housing 2025: Navigating the uncertainties

The 2024 US housing market was stark with contrasts: new construction thrived amidst a frozen resale market. Builders aggressively countered high rates with incentives, while existing homeowners were trapped by both high rates and a lack of inventory.

Looking ahead in 2025, the larger questions looming for the housing market are around risk, with players wondering if high mortgage rates have pushed risks to the downside. The ongoing effects of structural underbuilding from the Great Recession continue to influence the market, and recent, stronger near-term demographic projections and inventory loss from recent climate events highlight the growing demand for additional housing production.

Join Fastmarkets’ experts  Jennifer Coskren and Dustin Jalbert as we explore:

• How does housing demand look compared to this time last year?
• Unpack the uncertainty and risks associated with new regulations, immigration and trade policies and what they can mean for housing
• What can we expect from mortgage rates in 2025 and will rate levels be conducive to housing sales and construction
• Discussion on the latest population projections and our assumptions on household formations through 2026
• Will builders continue to address affordability challenges with smaller homes, what that means for wood products
• Explore the potential for repair and remodelling in 2025