High mortgage rates and low housing supply have led to affordability challenges in the US housing market. Wealth! Host Brad Smith speaks to Danielle Hale, Realtor.com’s chief economist, about the outlook for the market in 2025 as President-elect Donald Trump takes office. Hale points to some proposals Trump offered on the campaign trail that could help address affordability: “The Trump campaign recognized very much that we don’t have enough houses. Housing, as a result, is too expensive. And so we need to bolster supply in order to help improve affordability in the housing market.” She mentions Americans remain in a waiting game until 2025 to see if these proposals become policy.
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