SCE HOUSING SURVEY
At a Glance: Findings from the 2025 SCE Housing Survey (Fielded in February)
- Households expect home price growth to increase to a median of 4.0 percent over the next twelve months, up from 3.8 percent a year ago. One-year growth expectations have risen in each of the last two years; however, the rise in expected growth slowed in 2025. Expectations over the five-year horizon remained flat, with households anticipating median annualized price growth of 3.1 percent, the same reading as in 2024.
- Households expect rents to increase by 8.0 percent over the next twelve months, compared with a 7.1 percent median expectation in February 2024.
- Renters put the probability of ever owning a home in the future at 33.9 percent, a decrease from 40.1 percent a year ago and a continuation of a general downward trend that began in 2016.
- Households expect 30-year national mortgage rates to rise to a median of 7.0 percent both a year from now as well as in three years. Both are series highs.
- Homeowners’ expected probability of refinancing in the next year rose to 8.0 percent from 6.3 percent last year.
