Salt Lake City will be one of the most competitive housing markets in 2025, Zillow report predicts

(NEXSTAR) — While the national housing supply recently reached a four-year high , buying a home in some U.S. cities may be especially difficult in 2025, a new Zillow report suggests.

To make its predictions, Zillow reviewed multiple factors — including how quickly homes have been selling, and its own forecast for home value growth — in the 50 most populated cities nationwide.

Overall, Zillow’s analysis determined cities primarily on the East Coast could have the hottest housing markets of 2025.

Where are the hottest housing markets?

For the second year in a row, Buffalo, New York, held the top spot on Zillow’s list. The company pointed to the city’s relative affordability and job market as the driving factors behind Buffalo’s competitive real estate status.

“Construction that keeps pace with an area’s growth remains a crucial piece of keeping homes available and accessible. In chilly Buffalo, competition among buyers will remain hot, with employment growing far faster than builders are adding homes,” said Skylar Olsen, Zillow’s chief economist.

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