Are Home Prices Expected To Drop In 2025 In Nj. Experts agree that home prices, mortgage rates, and inventory levels will all shape housing affordability over the next year, and with 2024 quickly receding in the rear view, it’s time to look. Nj’s median home price is significantly higher than the u.s.
According to forecasts, home prices are expected to rise in 2024 and may continue to follow this upward trajectory into 2025. In this blog post, new jersey real estate expert nancy kowalik discusses the current housing market and if new jersey home prices are going down in 2025.
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