Housing Market 2024 Forecast Usa. Rates roughly doubled back in 2022, thanks in part to the federal reserve’s war on inflation, and they have stayed high. Deseret news checked out housing and rental market predictions from realtor.com, zillow, forbes and redfin to identify potential trends in the housing market,.
Just 2.5% of homes in the us changed hands this year in the first eight months, the lowest turnover rate in at least 30 years, according an analysis by redfin. Home sales will speed up throughout 2024 as affordability improves and more homes hit the market.