Podcast: Housing Outlook – Can home construction pick up in 2025?
Housing affordability remains a key concern in 2025 with mortgage rates rising again. And the low supply of homes on the market continues to drive up prices for buyers. What can be done to help home builders boost construction this year?
Nationwide’s Senior Economist Ben Ayers and Economist Daniel Vielhaber provide their outlook on the housing market, including updates on home construction and mortgage rates.
Listen to the Economic Insights by Nationwide podcast: How lower rates could boost housing.
Key topics addressed in this episode include:
- A look back at how the housing market struggled to gain traction in 2024
- Analysis of the factors contributing to persistent underbuilding, and how many homes are needed to balance out the market
- With potential policy changes in view, we uncover which ones may have the most substantial impact on housing affordability
- Overall outlook for the housing market in 2024
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Citations/Disclaimers
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The information in this report is provided by Nationwide Economics and is general in nature and not intended as investment or economic advice, or a recommendation to buy or sell any security or adopt any investment strategy. Additionally, it does not take into account any specific investment objectives, tax and financial condition or particular needs of any specific person.
The economic and market forecasts reflect our opinion as of the date of this report and are subject to change without notice. These forecasts show a broad range of possible outcomes. Because they are subject to high levels of uncertainty, they will not reflect actual performance. We obtained certain information from sources deemed reliable, but we do not guarantee its accuracy, completeness or fairness. Nationwide, the Nationwide N and Eagle, and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company. © 2025 Nationwide