Housing Market Crash 2024

Housing Market Crash 2024. The consumer price index, a key measure of inflation, peaked at 9.1% year over year in june. Stephan considered analyst predictions on the 2024 housing market from several sources, including wells fargo, morgan stanley, redfin and intercontinental.

Home prices are rising, inventory is low, and mortgage rates are increasing. Even if mortgage rates decline closer to 6% in 2024, given that nearly 90% of homeowners are still paying.