Your 2024 Housing Forecast
Take a look at the 2024 housing market forecast! With housing inventory going down and mortgage rates dropping slowly, this could be your year to make a change!
Housing Inventory – Stormy
Expect a stormy market as inventory is expected to drop up to 14%, leaving fewer options for buyers.
Mortgage Rates – Cloudy
The outlook is cloudy as mortgage rates drop by only 0.1% from 2023–2024, but are still high.
Home Prices – Partly Sunny
Potential buyers are seeing some sun, as home prices are expected to come down around 2%.
Rentals – Partly Cloudy
Conditions will improve slightly with a 0.2% drop in rent prices, but supply still outpaces demand.
