![38% of Americans Think Housing Market Will Crash in 2025 — 51% See Higher Risk Under Trump [New LendingTree Study]](https://realtytimes.com/images/k2/0ab7ca0ab0cb9a69c90ccf13ae049fbc.jpg)
Though homebuyer demand has stalled in the face of high mortgage rates, home prices have continued to climb in many parts of the country. To some, this trend doubtlessly appears counterintuitive and alarming, with many beginning to suspect that today’s high prices will soon lead to a housing market crash.
More specifically, the latest LendingTree survey of over 2,000 respondents found that more than a third of Americans think the housing market is at risk of crashing in the next year. Here's what else we found.
- 38% of consumers think the housing market is at risk of crashing in the next year, down from 44% last year.
- When asked before the election which administration would make a housing market crash more likely, 51% answered incoming President Trump.
- 36% of Americans say they actually want the housing market to crash. Of those, 12% think it would lead to future stability, 11% think it would lower their property taxes and 8% think it would help them buy a home.
- 46% of homeowners say low interest rates on their current mortgage are keeping them from selling. Additionally, 22% of homeowners say they’ll never look to buy another home, while 14% don’t think they’ll ever be able to buy again.
You can check out the full report here: https://www.lendingtree.com/home/mortgage/housing-market-crash-risk-survey/
LendingTree's Senior Economist and report author, Jacob Channel, had this to say:
"Given how unprecedented many of Donald Trump’s policy proposals are, we are moving into uncharted territory as we inch closer to 2025. Because of this, it’s hard to say what exactly will happen to the housing market next year and beyond. Nonetheless, because Trump’s policies are likely to cause inflation while weakening the overall economy, the housing market could eventually start to show more cracks than it currently does. Will this result in a market crash next year? Probably not. But, it does raise concerns for the future."
