Are We Entering a Real Estate Supercycle? Here’s What It Means for Grand Forks Homebuyers
Real estate has always been a solid long-term investment, but according to some of the biggest names in the industry, we might be on the verge of something even bigger:
A real estate supercycle.
Unlike short-term market swings, a supercycle is driven by long-term fundamentals—think housing demand, economic shifts, and policy changes that fuel real estate growth for years, not just months. If you’re looking to buy or sell a home in Grand Forks, North Dakota, this could be a game-changer for our local housing market.
What Exactly Is a Real Estate Supercycle?
A supercycle is a prolonged period of strong market growth where demand and economic conditions keep pushing home values higher—regardless of short-term fluctuations like interest rate changes.
Chad Tredway, Head of Real Estate Americas at J.P. Morgan Asset Management, recently spoke about this trend, noting that a mix of economic policies, eventual interest rate declines, and strong demand could create one of the best real estate investment periods in recent history.
In his interview with Bloomberg The Close, Tredway stated:
“We could be entering a supercycle for real estate given current policies, the likelihood of rate drops at some point, and the ongoing demand drivers we see in the economy.”
But What About Interest Rates?
If you’ve been keeping an eye on the Grand Forks housing market, you know interest rates have been a hot topic. Many buyers are sitting on the sidelines, waiting for rates to drop. But here’s the kicker: the demand for homes is so strong that the market is expected to grow no matter what happens with interest rates.
Tredway pointed out that certain real estate sectors—like housing, industrial, and logistics—are experiencing such high demand that long-term cash flow gains will keep them strong investments.
And if rates do drop? That’s just icing on the cake.
Home Prices in 2025: Why Waiting Could Cost You More
According to J.P. Morgan’s latest housing market outlook, home prices are expected to rise by about 3% in 2025. That means what feels “expensive” today could look like a steal in just a couple of years.
Here in Grand Forks, our local market is already tight. With low housing inventory and strong buyer demand—especially from first-time homebuyers, military families, and move-up buyers—waiting on the sidelines could cost you more in the long run.
What This Means for Grand Forks Homebuyers and Sellers
Real estate has always favored long-term thinkers, and if we really are entering a supercycle, now could be a great time to evaluate your next move. Here’s what you need to know:
- A real estate supercycle could be underway, fueled by demand and strong market fundamentals.
- Interest rates may not drop as quickly as expected, but real estate is still positioned for long-term growth.
- Housing inventory is tight in Grand Forks, making competition strong for well-priced homes.
- Waiting for the “perfect” moment could mean paying more later.
Ready to Make Your Move?
If you’re thinking about buying or selling in Grand Forks, let’s talk about your options. The market is moving, and whether you’re a first-time homebuyer, relocating military family, or looking to upsize, having the right strategy can make all the difference.
Want to know what’s happening right now in the Grand Forks real estate market? Let’s connect. DM me on Instagram (@JoshTuinderRealtor) or grab my free home buying guide to get started!
Sources: Bloomberg The Close, Hot Sheet, J.P. Morgan
