House Market Forecast 2024

Despite more resale homes entering the market, the inventory shortage remains severe and likely will for some time, thanks to multiple headwinds. However, on an annual basis,.

Predicting how mortgage rates will move is a nearly impossible task, but recent inflation news gives the impression that rates are likely to hold fairly steady as well in the coming months. Home prices as tracked by.

Overall, We Expect 4.3 Million Sales In 2024, Up 5% Year Over Year.

Click or tap any of the thumbnails for an interactive version that you can use to create and share your own 2024 house forecast.

The Median Home Sale Price Across The U.s.

The combination of high mortgage rates, steep home prices and low inventory levels are lining up to make the 2024 housing market a challenging one for both buyers and sellers.

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Its Latest Revision Predicts That U.s.

Overall, we expect 4.3 million sales in 2024, up 5% year over year.

Many Experts Predict The Housing Market Will Eventually Improve But Warn That Uncertainties And Challenges Will Persist In 2024.

Although a recession is no longer forecasted, economic growth is expected to decline.