Here’s what The Gore Group and industry experts say about the Scottsdale, AZ Housing Market.

If you’ve seen headlines or social posts calling for a housing crash, it’s easy to wonder if home values are about to take a hit. But the reality is the numbers don’t support a crash. They point to slow, steady, and sustainable growth.

While prices will vary by region, and Scottsdale may see its own pace of change, the outlook for the Scottsdale, AZ Housing Market points to continued appreciation, not decline, over the next five years.

What Experts Are Actually Predicting

According to the Fannie Mae Home Price Expectations Survey (HPES), which gathers input from over 100 leading housing market economists each quarter, the consensus is clear:

• Home prices are expected to rise approximately 15% between now and 2029.

• The most optimistic experts forecast growth closer to 26%.

• Even the most conservative outlook anticipates around 5% appreciation.

Not one of these expert groups is calling for a nationwide decline, and that includes markets like Scottsdale.

How Today’s Market Compares to Normal Trends

If you look back at the last 25 years, home values in the U.S. have typically appreciated 4-5% per year. The new forecasts call for 2-3.5% annual growth, slightly lower than average, but far more balanced and sustainable.

During 2020-2022, prices rose too fast due to record-low inventory and fierce buyer competition. Some markets saw increases of 15-20% in a single year. What we’re seeing now is the market returning to a more stable rhythm, one that favors long‑term strength over short‑term spikes.

Why a Crash Isn’t on the Horizon

The idea that “what goes up must come down” doesn’t apply to housing. Historically, home prices have continued to rise because of one simple factor: supply and demand.

Even with higher interest rates and affordability challenges, there are still far more buyers than homes available. That imbalance continues to put upward pressure on prices, especially in highly desirable areas like Scottsdale.

This shortage is exactly why experts and local professionals like The Gore Group agree: the market isn’t collapsing, it’s stabilizing.

What This Means for Scottsdale Homeowners

For homeowners in Scottsdale, this outlook is good news. It means your equity is holding strong and is likely to continue growing.

For buyers, waiting for a crash may not be the best move, as prices are projected to continue climbing year after year.

The market is adjusting, not declining. And as balance returns, opportunities are emerging for both sides, especially when guided by a team that understands how to interpret the data and navigate local trends.

The Bottom Line on the Scottsdale, AZ Housing Market

If you’ve been waiting to buy or sell because you’re worried about a crash, the data tells a different story. The question isn’t if prices will rise, it’s by how much.

Let’s connect to discuss what’s happening specifically in Scottsdale and how The Gore Group can help you make confident decisions in this evolving market.

Work With the Experts in Scottsdale, AZ Housing Market.

With 40+ five-star reviews on Google, The Gore Group is proud to be one of the most trusted and top-performing real estate teams in Scottsdale.

Whether you’re thinking about buying, selling, or investing, work with The Gore Group, a team that combines local knowledge and market insight to help you succeed.