2024 Real Estate Market Outlook. The lagged effects of monetary tightening, geopolitical instability, and election uncertainty in major economies are creating additional potential risks to the outlook. Forecasts predict sluggish sales unless mortgage rates drop sharply or sellers start cutting prices.
Government bond yields are expected to peak in 2024, reflecting the consensus that interest rates will stay elevated for a while. Expecting lower housing starts in 2024.
Mike Crawley · Cbc News · Posted:
What will happen to the housing market in 2024?
Real Estate Activity Will Vary Significantly From.
While 56% of panelists predict a buyer’s market in 2023, another 24% predict that the housing market shift would come in 2024.
In This Article, We’ll Delve Into Key Insights And Predictions,.
Images References :
Jan 03, 2024 1:00 Am Pst |.
Home sales will speed up throughout 2024 as affordability improves and more homes hit the market.
