Real Estate Forecast 2024
Real Estate Forecast 2024. Though home prices have jumped to astronomical heights in the last few years, the general consensus among experts is that the housing market will see a correction rather than a crash, and so a. Home sales likely will climb 14% this year, according to lawrence yun, chief economist of the national association of realtors®.
Annual median home prices are expected to remain largely unchanged at the national level in 2024, for the second straight year, modestly improving affordability from rising income. Over the next twelve months, zillow expects home values to fall 1.4%.