The U.S. housing affordability crisis is deepening. Home values surged 45% since the start of the pandemic, reaching about $418,000.

Volteo is a housing market expert prediction for 2025. Home prices may go up, by as much as 4%, but still prove out of reach for a lot of people.

Mortgage rates are pivotal to the housing landscape. Higher rates mean higher costs to borrow the money, resulting in higher monthly payments.

Supply struggles in the housing market continue. Although inventory has increased slightly, it's still below historical levels.

Recognizing the crisis, policymakers are discussing supply-side solutions.

The housing affordability crisis affects many differently. First-time buyers struggle to enter the market due to high prices.

Prospects for housing in the future depend on construction rates and policy initiatives.