Housing Market Trend For 2024

Housing Market Trend For 2024. Renters struggling to save up for a down payment may get a slight reprieve in the coming year. Here’s what experts predict will happen with mortgage rates, inventory, home prices and sales in the near future.

A decline in mortgage rates at the tail end of buying season is unlikely to meaningfully boost transactions or industries that depend on them. Though prices did dip in 2023, trends show them rising again due to tightened demand.