Housing Market 2024 News Trends

Housing Market 2024 News Trends. Despite the strong housing demand, our housing market outlook is tempered by lack of inventory for sale. Housing demand is on the rebound, but with mortgage rates still averaging 6.8%, many prospective homebuyers continue to be priced out of the market.

The following includes a 2022 summary, a forecast for all of 2023 and some predictions for the housing market in 2024, which assume the u.s. Home prices, market trends and more as we look toward 2024.