Featured Articles,Housing Forecast,Market Outlook Nov 29, 2023 Danielle Hale Sabrina Speianu Jiayi Xu Hannah Jones As welook ahead to 2024, we see a mix of continuity and change in both the housing market and economy. Against a backdrop of modest economic growth, slightly higher unemployment,...
Over the course of 2023, both the Austin andnational housing markettook a bit of a breather, featuring more supply, falling prices and more careful buyers ensuring that making a deal in an environment of highermortgage ratesstill made financial sense. Since then, the Austin market has shifted ...
The real drivers of the housing market aren't always apparent, and information is often hidden from the public. Gain a more concise view of today's residential real estate trends, news and statistics.
This past year has been a mixed bag for the housing market. The first few months of 2024 were slow: Buyers stayed on the sidelines and sellers held tight as mortgage rates climbed above 7%. This summer, signs of improving affordability and easing inventory shortfalls popped up, only to fade...
With that said, here’s the real estate market forecast. Key Takeaways Interest rates should continue to decrease in 2025. A housing market crash is not on the horizon. Housing inventory will likely still be low in 2025, and demand could increase. If you’re financially ready to buy no...
Was your housing market one of the 24 where relative home affordability improved in 4Q24? Check out our updated Home Affordability Study to find out!Outlook: HSH's 2025 Mortgage & Housing Forecasts Keith Gumbinger Dec 24, 2024 | Read Time : 38 min Forecast Item HSH.com expectation ...
In 2024, though, housing market trends broke from their usual seasonal patterns. Activity dipped over the summer, but pent-up demand fueled a fall rebound. By the year’s final quarter, the market was recovering from its summer slump.
Rightmove also said it had revised its house price forecast for the year, and now predicts they will rise by 1% due to "positive market data and trends compared to the much more subdued 2023". The property website previously said it expected prices to fall by 1% during 2024. ...
What Will the Housing Market Look Like in Five Years? A weather forecast for the next 10 days tends to be unreliable, so don’t expect a five-year housing forecast to be 100% accurate. However, Real Estate EconomistPatrick S. Duffy, a U.S. News contributor, predicts that the national ...
Housing stars in the United States surged by 15.8% from the previous month to a seasonally adjusted annualized rate of 1.499 Million units in December of 2024, the most since March 2021. It is the highest number of starts since February 2024, above market expectations of a softer increase to...