Dave Gallagher

Panelists at NAR’s economic summit expect a better year overall, but pointed to various wildcards that could tug the market in different directions.

Cities and states across the U.S. are making it easier to build ADUs. Leaders hope those reforms will lead to more supply and improve affordability.

While some trends have been consistent across the U.S., four states exemplify regional variability in 2025: Texas, California, Florida and Virginia.

Hanna Holdings, eXp and Weichert are among the brokerages yet to resolve litigation in the buyer agent commissions lawsuit.

The Justice Department was a constant presence in 2024 — weighing in on civil cases, questioning buyer agreements and fighting NAR in the Supreme Court.

One measure in the monthly index stood out, however, as builders responded with more optimism about where the market is headed in 2025.

The platform will connect advertisers with RE/MAX consumers at “key moments,” providing a new revenue stream as the brand works to improve its bottom line.

Look for just two cuts next year — half the number previously forecast — as the Federal Reserve predicts inflation will remain high.

Existing home sales rebounded in November, pushing annual sales past the 4 million mark. A big jump in mortgage rates may quash momentum, however.

But there is still competition for homes, especially at lower price points, where first-time buyers cross paths with buyers on the investment side.