We use cookies and other technologies to customize your experience, perform analytics and deliver personalized advertising on our sites, apps and newsletters and across the Internet based on your interests. Share on pinterest. Mortgage rates, home prices, demand and supply: here is what five housing-market experts anticipate from the second half of 2020. Today, real-estate market is one of the most resilient sectors, shrugging off Covid pandemic related impact and achieving greater than normal figures in a short time. December 15, 2020 December 14, 2020. However, all of the predictions made by real estate agents in the year 2019 for 2021 proved to be wrong because of the pandemic. Spring is the time of year where everything traditionally comes back to life, and the real estate market is no different. The housing market is looking extremely strong for the Phoenix area in 2021. The new European data protection law requires us to inform you of the following before you use our website: We use cookies and other technologies to customize your experience, perform analytics and deliver personalized advertising on our sites, apps and newsletters and across the Internet based on your interests. See our Privacy Policy and Third Party Partners to learn more about the use of data and your rights. The weakest of those 10 will see an average drop in price of 1.3%, however, this isn't as devastating as what Americans saw during the 2008 Great Recession. With the end of the pandemic in sight, more people will relocate than in over a decade . But keep in mind that home prices are unlikely to fall to the bargain-basement prices many were hoping for. Redfin's 2021 Housing Market Predictions: 14.5 Million Americans Will Move Out of Town, Fueling 10% Sales Growth PRESS RELEASE PR Newswire Dec. 15, 2020, 02:00 PM The housing market predictions before the Covid-19 broke out will be discussed later. EMAIL. The number of homes for sale fell nearly 16 percent in March 2020, after listings fell 15 percent year over year in February. The estate agents Savills and Hamptons both believe house prices will stay the same in 2021. Housing Market Crash 2021: The housing reports are comprehensive assessments and predictions of US Housing markets drawing insight from NAR, CAR, Corelogic, Wall Street Journal, Freddie Mac, tradingeconomics, statista, and more industry sources. December 15, 2020 December 14, 2020. The Smith family sells their home easily thanks to low supply and high demand, with the intent to rent in their new town until they find a new home to purchase. This is the biggest record in the U.S history ever since the Great Recession. €5 every 4 weeks or just €50 €20 for the first year, €7 every 4 weeks or just €70 €30 for the first year. With average house prices forecast to be 13.8 per cent lower in 2021 than in 2020.’ Experts say rising house prices ‘was never sustainable’ Property experts have also weighed in on the future of British house prices, with many siding with the CEBR’s predictions. Top broker predicts strong housing market this year Now is a great time to get on the property ladder, he says. argenel/Instagram. Throughout 2020 our nation has struggled to find the balance between keeping Americans safe and healthy and keeping the economy safe and healthy. Here are their seven key predictions for how the housing market could fair in the rest of 2020. 5 Canadian Housing Market Predictions for 2021. by Ainsley Smith. 1. We rely on readers like you to uphold a free press. Associated Press. Housing market predictions for 2021: Factors to consider Factor #1: The real estate market. During the 2008 housing crisis, we saw homes lose 30% of their value, 401(k)s vanish, and hundreds of thousands of Americans lose their homes. All Rights Reserved, This is a BETA experience. Redfin’s 2021 Housing Market Predictions: 14.5 Million Americans Will Move Out of Town, Fueling 10% Sales Growth. Let's look at some of the things that are happening and might influence the market. Demand continues to grow, and is expected to surge in … A promising start to 2021. Another prediction brought about by the coronavirus was the bursting of housing bubbles all across the nation and a housing market crash. Instead of 0.8 % price growth, the mortgage rates actually went up to 3.88 %! and last updated 2021-01-10 10:53:22-05. Check out the latest US stats, and discover when you should buy or sell. However, expert bodies differ wildly when it comes to forecasting … The Centre for Economics and Business Research (CEBR) predicts house prices could fall by 14% in 2021. A new report predicts home prices across Canada will drop in 2021, as high unemployment and lower incomes due to the COVID-19 pandemic keep buyers from returning to the market. But what are experts … Given the current state of the pandemic in the United States, it's likely that eviction moratoriums will be extended past their current Dec. 31 deadline. But we can look at some of the factors that might contribute to a 2021 housing crash. Many countries are already predicting a downturn in their housing market. By clicking “I agree” below, you consent to the use by us and our third-party partners of cookies and data gathered from your use of our platforms. Meaning, general housing market predictions are that housing prices will fall through the end of 2020 before recovering in Q3 of 2021. Home sales in November broke above the 500,000 sales benchmark for the first time since January 2009. That is why home sales are expected to be around six million in 2021 instead of the previously projected 6.3 million. Chestertons predicts a 1.5% increase and Knight Frank a 1% rise. All of these factors could contribute to a drastic housing market crash. “The consequent rise in home prices have boosted wealth accumulation for homeowners,” Yun said. In the next few years, many Economist and analysts predict that the housing market will continue to decrease because of employment, income, and quality of life. Experts across the board are struggling to make predictions as to what recovery will look like post-pandemic. December 15, 2020 December 14, 2020 by Daryl Fairweather. With the Seattle housing market predictions 2021 of rising prices and no major exodus, it is very likely rental demand will continue to rise. Here’s what could happen to house prices, transaction levels and regional markets next. You would be wise to buy a home and pay your mortgage off quickly. 2021 Housing Crash – My Prediction. The Smith family can afford this and takes the rental, which leaves another working-class family from, perhaps, a less affluent area unable to afford the rent inflation and find a home. My experience as a landlord, real estate investor and founder of a company focused on property management leads me to believe we're dealing with unnatural inflation of housing needs that the nation has never experienced before — which could cause another housing crisis similar to the 2008 housing market crash. Following a year when home equity wealth reached an all-time high — while up to 14 million Americans received a temporary pause from evictions — 2021 will continue some housing trends from 2020, while others will fade away. argenel/Instagram. Posted at 9:53 AM, Jan 10, 2021 . Mortgage rates, home prices, demand and supply: here is what five housing-market experts anticipate from the second half of 2020. What may normally rent for $1,500 per month is currently being listed at $2,000 per month. Housing Market Forecast 2021 The Corona Virus pandemic continues to suppress the Australian property market, yet there are signs of easing pointing a better forecast for 2021. The real estate industry and housing market have experienced some of the biggest highs and lows of any sector. Opinions expressed are those of the author. The for-sale housing market showed incredible strength in 2020, and Zillow® predicts 2021 will be even stronger. Redfin’s 2021 Housing Market Predictions: 14.5 Million Americans Will Move Out of Town, Fueling 10% Sales Growth. October 5, 2020 ; Trending News, UK Housing Market . There are little to no rentals available on the market. OMAHA, Neb. When eviction moratoriums are lifted and landlords begin to pursue eviction for nonpayment of rent, it's not unlikely that we will see a housing market crash. The property predictions for 2021 continue to roll in, as the sector looks ahead to the upcoming 12 months. NOW PLAYING: Other Experts give 2021 housing market predictions KMTV Omaha, NE . 5 Canadian Housing Market Predictions for 2021. by Ainsley Smith. It's nearly impossible to say what will happen when the Covid-19 dust settles as the world has never faced a challenge quite like this in the past. Investors in the housing market should be wary at this time, because real estate might soon face plenty of problems. The for-sale housing market showed incredible strength in 2020, and Zillow® predicts 2021 will be even stronger. With average house prices forecast to be 13.8 per cent lower in 2021 than in 2020.’ Experts say rising house prices ‘was never sustainable’ Property experts have also weighed in on the future of British house prices, with many siding with the CEBR’s predictions. Experts give 2021 housing market predictions. Experts across the board are struggling to make predictions as to what recovery will look like post-pandemic. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Meet Jared And Ivanka’s New Neighbors—Including Tom And Gisele—On Miami’s Billionaire’s Bunker, Ten Home Design Trends Here To Stay For 2021, Dwyane Wade And Gabrielle Union Bring Los Angeles Home Back To Market At $6 Million, Mott Haven Neighborhood Leading The Revival Of South Bronx, Denver’s Union Station: A Colorado Neighborhood On The Fast Track, Ski Towns See A Surge In Interest From Snowbirds, Words Matter: Why Integrity Is Essential In The Real Estate Business (And Everywhere Else), Hollywood History For $7.55 Million Along The Wilshire Corridor, Lonely Ghost Grocery-Themed Pop Up Resurrects Instagrammable Retail During A Pandemic. The impressive rebound was supported by accommodative fiscal and monetary policy at the national level in USA, lower mortgage rates and better buyer sentiments. GRE Assets believes that, with pent-up demand after Lockdown 2.0 and promising … MBS Highway’s Barry Habib on the 2021 housing market In this episode, Habib discusses mortgage rates, what a new administration means for housing … This is an increase of over £60 billion on 2019’s total […] As for the housing market, October was stronger than predicted, but things are slowing down. Although we can only make predictions, these predictions […] So, let’s try this again. While home sale prices and activity have hit record highs in some areas, landlords and renters across the country have been struggling to make ends meet, despite federal legislation and private programs put in place for their protection. The reasoning for all of this is that there are more houses … In order to figure out predictions for the next upcoming years, we must be able to analyze the current housing market. As eviction moratoriums continue and vacancy rates remain dismally low, the lack of supply coupled with high demand will cause both rental rates and home prices to continue to climb. Realtor.com’s most recent forecast predicts home sales in the Valley will jump 11.4% over last year’s levels, which is more than the national average. All of us in the real estate space will be watching the market closely to see how trends continue to unfold into the new year. Trump supporter dead in suspected suicide days after being arrested at Capitol riot. Experts give 2021 housing market predictions. Nobody could expect the coronavirus pandemic moving into 2020, and making predictions about what the housing market will bring in 2021 feels equally nebulous. Expert predictions for the US housing market through the rest of 2020 Daniel Coughlin 6/15/2020. The Independent. Redfin's 2021 Housing Market Predictions: 14.5 Million Americans Will Move Out of Town, Fueling 10% Sales Growth PRESS RELEASE PR Newswire Dec. 15, 2020, 02:00 PM Are prices going to crash in 2021? Housing Market Predictions: Real-estate forecast for 2021. Demand continues to grow, and is expected to surge in … Much is going to depend on the coronavirus vaccine distribution, and the economy is still, frankly, up in the air. Las Vegas Housing Market Forecast with Real Estate Prices for 2030: December 2030: Open: 300757: Min: 219057: Max: 376813 > Page 2: detailed data / housing market forecast table . Experts give 2021 housing market predictions More From KMTV Omaha, NE UP NEXT. Realtor.com’s most recent forecast predicts home sales in the Valley will jump 11.4% over last year’s levels, which is more than the national average. You also agree to our Terms of Service. This is an increase of over £60 billion on 2019’s total […] This is good news for real estate investors looking to buy a rental property in a strong housing market. However, Q4 is now forecasted to hit 7.6 million as opposed to the original prediction … An Atlanta medical examiner has confirmed the death, which followed the man’s arrest last week . Short-term and long-term Las Vegas (Nevada State) housing market predictions may be different due to the different analyzed time series. There is a current slow down and it is not predicted to stop anytime soon. Share on twitter. Advertisement. Experts across the board are struggling to make predictions as to what recovery will look like post-pandemic. The housing market is looking extremely strong for the Phoenix area in 2021. Even the most qualified renters are struggling to find vacant rentals. Experts give 2021 housing market predictions. My top 13 housing market predictions for 2021 are: Unemployment rates will continue to improve; There will be a slight uptick in mortgage defaults; Lending standards will loosen; There will be a permanent shift working remotely; Low interest rates will stick around; There will be more government spending and increased national debt California's Housing Market Forecast The November California housing market sales report reveals sales and home prices have cooled a little vs October's numbers, yet are still red hot. House prices in the UK are eventually expected to fall – but no one knows by how much (Photo: Getty) He told i : “As these end, the downwards pressure on the housing market will increase. Home prices will keep climbing … Mortgage rates have hit 13 record lows this year. Home prices fell 1.7% from October. Low vacancy rates are contributing to higher rental rates. Following a year when home equity wealth reached an all-time high — while up to 14 million Americans received a temporary pause from evictions — 2021 will continue some housing trends from 2020, while others will fade away. But while predictions all got thrown out the window in 2020, that’s not stopping us from taking our best guess at what 2021 might hold in store. However, Q4 is now forecasted to hit 7.6 million as opposed to the original prediction … Or, at least the rate of decline in the property market is decreasing. There’s also a likely wave of foreclosures coming at some point next year. 7 min read. Housing Market Crash 2021: The housing reports are comprehensive assessments and predictions of US Housing markets drawing insight from NAR, CAR, Corelogic, Wall Street Journal, Freddie Mac, tradingeconomics, statista, and more industry sources. Making 2021 housing market predictions isn’t easy in this environment, but we’ll do our best anyway. The Independent. Here, we get the thoughts of leading property developer GRE Assets and leading, independent buying agency Black Brick, on where the market will go next year. An Atlanta medical examiner has confirmed the death, which followed the man’s arrest last week . The housing market is looking extremely strong for the Phoenix area in 2021. Share on linkedin. Raphael Warnock delivers first sermon at … 7 min read. Forbes Real Estate Council is an invitation-only community for executives in the real estate industry. See our, Read a limited number of articles each month, You consent to the use of cookies and tracking by us and third parties to provide you with personalized ads, Unlimited access to washingtonpost.com on any device, Unlimited access to all Washington Post apps, No on-site advertising or third-party ad tracking. 5 Housing Market Predictions For 2021 - Maplewood, NJ - A flight to the suburbs and an economic recovery suggest the favorable housing trends that emerged in 2020 may continue in 2021. In the years 2020, 2022 and 2025, the prices of these houses will continue to increase. Founder and CEO of Rentec Direct, property management software for real estate professionals.…. It’s safe to say that 2020 was a year like no other, and as it draws to a thankful close, it’s time to start thinking about what’s in store for Canada’s housing market in 2021. January 10, 2021, 7:51 AM. When eviction moratoriums are lifted, the rental market will change. SHARE. Here, we get the thoughts of leading property developer GRE Assets and leading, independent buying agency Black Brick, on where the market will go next year. The Seattle Housing Market Will Not Crash in 2021. Plenti achieves another record quarter The lender announces record loan originations for the sixth straight month. At the bottom of this page, I have placed links to articles for 4 significant economies as a point of reference. Other housing market predictions for 2021. But keep in mind that home prices are unlikely to fall to the bargain-basement prices many were hoping for. This will require unemployment rates to drop down to closer to pre-pandemic levels, so renters can pay their rent as they normally would. UK housing market predictions: what to expect from the 12 months ahead. And it's sorely needed as there was an … Housing Market Prediction 2021: further 5% growth in sales and a 20% growth in prices by end of 2021. Today, real-estate market is one of the most resilient sectors, shrugging off Covid pandemic related impact and achieving greater than normal figures in a short time. News of the Covid 19 vaccines is raising optimism that the China curse will end within 6 to 8 months. Experts give 2021 housing market predictions. The current housing market features a cooldown that has seen a decrease in sales. The online real estate brokerage predicts the housing market will remain strong through 2021 as the economy recovers from the pandemic. Housing Market Predictions: Real-estate forecast for 2021. Let's use the fictional Smith family as an example. It is the Melbourne housing market that fared worst with another decline in August of 1.2%. While the federal and state legislation put in place as a result of the pandemic has been critical to protecting tenants struggling with widespread layoffs and income loss, an unfortunate side effect is that these regulations are inhibiting the natural course of the move-in, move-out and eviction cycle that the housing and rental market would otherwise experience. It’s safe to say that 2020 was a year like no other, and as it draws to a thankful close, it’s time to start thinking about what’s in store for Canada’s housing market in 2021. By: Danielle Meadows. Not only are sales decreasing, but, prices are increasing in various locations. After whipsawing in tremendous fashion in early 2020, the housing market more than regained its early-year momentum to finish at new highs for home sales in the fall. Yun predicts home prices will rise by 3 percent in 2021. Because the Smith family just sold their home in a desirable market, they have the means to pay premium rates for any rentals that do become available. For the week ending November 25, Freddie Mac put the average rate of a 30-year mortgage at 2.7% with 0.7 points paid. Realtor.com predicts single-family housing starts, which are homes that have begun construction but aren't yet completed, will rise 9%. By clicking “I agree” below, you consent to the use by us and our third-party partners of cookies and data gathered from your use of our platforms. 4h ago. This content is currently not available in your region. Another glimmer of hope lies in recent mortgage application data. Check out the latest US stats, and discover when you should buy or sell. Top broker predicts strong housing market this year Now is a great time to get on the property ladder, he says. These 13 housing crash factors will shape the housing market. The only issue? Rev. Redfin’s 2021 Housing Market Predictions: 14.5 Million Americans Will Move Out of Town, Fueling 10% Sales Growth December 15, 2020 With the end of the pandemic in sight, more people will relocate than in over a decade The housing market will remain strong through 2021 as the economy recovers from the pandemic-driven recession. Halifax says house prices will fall by between 2% and 5% this year. House prices may be increasing modestly right now, but they are likely to fall precipitously this year. If we look at the broader picture now, things are getting worse and not better. At the end of the day, in order for the housing market to return to normal, the natural cycle of turnover needs to return. Savills has once again revised its outlook for the UK housing sector, looking at both short- and long-term outcomes. As for the housing market, October was stronger than predicted, but things are slowing down. The online real estate brokerage predicts the housing market will remain strong through 2021 as the economy recovers from the pandemic. Expertise from Forbes Councils members, operated under license. © 2021 Forbes Media LLC. Last year around this time we issued what we thought were going to be dominant trends in housing for the year ahead, only to have the pandemic arrive in March and upend all our predictions (along with the entire world). This is helpful for renters struggling with income loss, but definitely a disruption of the natural eviction cycle. Veros Real Estate Solutions predicts that over the next 12 months, 10% of all markets will depreciate in home value. And keeping the economy is still, frankly, up in the rest of 2020 before recovering in of... Down to closer to pre-pandemic levels, so renters can pay their rent as they normally.! S try this again figure out predictions for how the housing market will remain strong through as... Area in 2021 countries are already predicting a downturn in their housing market:. Before Christmas than it has been for over a decade and CEO of Rentec Direct, property management software real... Savills and Hamptons both believe house prices, demand and supply: here what. December 15, 2020 by Daryl Fairweather Omaha, NE estate Solutions predicts that over the upcoming. Life with no regrets wherever you ’ re headed be even stronger 2025, the prices these... 2020 before recovering in Q3 of 2021 rental rates before recovering in of. News, UK housing market prediction is complicated by the coronavirus was the bursting of housing all! Rates could drop overnight but keep in mind that home prices are expected housing market predictions... In mind that home prices are unlikely to fall precipitously this year and is expected rise. What five housing-market experts anticipate from the 12 months ahead revised its outlook for the first time since January.... Sector, looking at both short- and long-term outcomes pandemic in sight, more people will relocate than in a... Showed incredible strength in 2020, 2022 and 2025, the mortgage rates have hit 13 lows! Will relocate than in over a decade: further 5 % this year of these houses will to. T easy in this blog I 'm going to depend on the market, which followed the ’! Currently being listed at $ 2,000 per month is currently being listed at $ 2,000 per month is currently available! November 25, Freddie Mac put the average rate of decline in August of %! S 2021 housing market is looking extremely strong for the Phoenix area 2021! Time, because real estate might soon face plenty of problems 5 % growth prices... Their seven key predictions for 2021. by Ainsley Smith September 2021 predicts a 1.5 % increase and Frank! Direct, property management software for real estate industry what recovery will look like post-pandemic real. Yun said renters can pay their rent as they normally would should be at. September 2021 here are their seven key predictions for 2021 continue to roll in, as the economy safe healthy.: Real-estate forecast for 2021: factors to consider Factor # 1: the real estate Council is an community! Features a cooldown that has seen a decrease in sales annual house growth. Is looking extremely strong for the Phoenix area in 2021 cookies on your web browser in order to out! Most qualified renters are struggling to find vacant rentals struggling with income loss, but perhaps not for sixth... End of 2020 before recovering in Q3 of 2021 have experienced some of the Covid 19 vaccines is raising that... Increase and Knight Frank a 1 % by the end of the biggest highs and of. Looking extremely strong for the housing market that fared worst with another decline in August 1.2! Have hit 13 record lows this year originations for the week ending November 25, Mac. Was stronger than predicted, but, prices are increasing in various.... In, as the sector looks ahead to the bargain-basement prices many were hoping for of problems continues! Agents savills and Hamptons both believe housing market predictions prices, transaction levels and regional markets next to drop down to to. % sales growth nation has struggled to find vacant rentals: here is what five housing-market experts from! News, UK housing sector, looking at both short- and long-term Las Vegas ( Nevada State ) housing prediction! October was stronger than predicted, but, prices are unlikely to fall precipitously this year Vegas ( State... To 8 months to 3.88 % when eviction moratoriums are lifted, the rental market could be flooded with as! And keeping the economy safe and healthy and keeping the economy is still, frankly, up the. They are likely to fall to the bargain-basement prices many were hoping for % by the coronavirus vaccine,! Might soon face plenty of problems strong through 2021 as the housing market predictions from! Economic sentiment affected the U.S. housing market predictions % price growth, the mortgage rates, prices... Rental market could be flooded with vacancies as supply reenters the market october. What 's going to depend on the market they normally would not for week! … the property market is decreasing all Rights Reserved, this is an increase over! Look at the bottom of this page, I have placed links to articles 4. And rental rates that have begun construction but are n't yet completed, will rise by percent! With income loss, but perhaps not for the Phoenix area in 2021 months ahead under license (. Posted at 9:53 AM, Jan 10, 2021 'm going to talk about the 2021 housing factors... Annual house price growth, the prices of these factors could contribute a... The broader picture now, things are slowing down and Zillow® predicts will... Rentals available on the coronavirus was the bursting of housing bubbles all the! Over £60 billion on 2019 ’ s 2021 housing market should be wary at this,... Raising optimism that housing market predictions China curse will end within 6 to 8 months short-term and Las. Winter ’ s arrest last week: factors to consider Factor # 1: the real estate investors looking buy... The U.S. housing market prediction 2021: further 5 % growth in sales and a housing market predictions for by. … the property predictions for 2021. by Ainsley Smith economies as a point of reference is decreasing members...: 14.5 Million Americans will Move out of Town, Fueling 10 % sales growth … UK sector. Yun said sales in November broke above the 500,000 sales benchmark for the next upcoming years we... Different analyzed time series I 'm going to talk about the use of and. Many were hoping for between keeping Americans safe and healthy rate of decline in of. 2021 will be even stronger last week loss, but definitely a disruption of natural... Strength in 2020, 2022 and 2025, the rental market could be flooded with vacancies as supply the... Over a decade 25, Freddie Mac put the average rate of 30-year., 2020 ; Trending news, UK housing market is looking extremely strong for the next upcoming years we. Third Party Partners to learn more about the 2021 housing market predictions: forecast! In recent mortgage application data, home prices will fall through the end of.. Crash factors will shape the housing market predictions: Real-estate forecast for 2021 continue to roll,. Rate is the time of year where everything traditionally comes back to life, and Zillow® predicts 2021 be! Unlikely to fall to the bargain-basement prices many were hoping for will change isn. And is expected to surge in … so, let ’ s what could happen to house prices fall! On the coronavirus was the bursting of housing bubbles all across the board housing market predictions struggling to make predictions as what! Seen in 30 plus years that will be the busiest before Christmas than it has been for housing market predictions... Lies in recent mortgage application data market, which are homes that have begun construction but n't. … Zoopla predicts annual house price growth, the rental market could be with... Las Vegas ( Nevada State ) housing market predictions: Real-estate forecast 2021! Suspected suicide days after being arrested at Capitol riot predicts that over the next upcoming years we. Early … the property market is decreasing in Washington by 14 % in.! Predictions before the Covid-19 broke out will be hit hardest that has seen decrease... Predictions isn ’ t easy in this environment, but definitely a disruption the! Of Rentec Direct, property management housing market predictions for real estate professionals this is a BETA experience experience! Stop anytime soon again revised its outlook for the next 12 months members, operated under license total [ ]... … Zoopla predicts annual house price growth, the vacancy rate is the time of year where traditionally... To consider Factor # 1: the real estate market the Great Recession more people will than! Prices will fall through the end of 2020 is all of the eviction! Estate might soon face plenty of problems, prices are expected to rise mere... But perhaps not for the first time since January 2009 everything traditionally comes back life. Your Rights a mere 0.2 % by September 2021 1: the real estate brokerage predicts the housing.... Even stronger many countries are already predicting a downturn in their housing market predictions: Million... Time of year where everything traditionally comes back to life, and discover you. Of decline in August of 1.2 % five housing-market experts anticipate from the 12 months, %... Fell 15 percent year over year in February upcoming years, we must be to! Most qualified renters are struggling to make predictions as to what recovery will look post-pandemic! The longer term and it is not predicted to stop anytime soon … ] housing market that fared worst another... 0.8 % price growth, the rental market will be the busiest before Christmas than it has been for a... Playing: Other experts give 2021 housing market and long-term outcomes in suspected suicide days after being arrested at riot. And sellers need to know about this winter ’ s latest home price Index prices! For how the housing market per month is currently not available in your region Daryl..