Fluctuating rates between 6.5%–7.5% could briefly cool sales momentum, though demand will stay solid.
Home prices are likely to grow 3%–5%, supported by demographic trends such as millennial homebuyers entering the market.
Sales volume should hold ~4.6–4.8M, reflecting ongoing resilience.
Inventory will edge higher to 4–4.5 months’ supply, signaling gradual normalization.
Some homeowners refinancing from earlier low-rate periods could release additional properties into the market.
