Housing Market 2024 News Article

Housing Market 2024 News Article. Economists at bank of america warned this week that the us housing market is “stuck and we are not convinced it will become unstuck” until 2026 — or later. While one expert points to signs of improvement in the housing market, others say more listings and lower interest rates won't counteract higher home prices.

If mortgage rates fell 1% to 6.125% and home prices rose a modest 4% as projected by the federal housing finance agency in 2024, it would take $105,000 and. What will the housing market bring for the remainder of 2024?