Housing Market 2024 Forecast Reddit

Housing Market 2024 Forecast Reddit. The only things we know for certain are that the fed plans to pivot beginning 2024, housing is currently at historic highs for unaffordability, and markets tend to regress towards the mean. Prices are rising slightly after a slow first half of the year

After nearly two years of hikes to the bank of canada’s benchmark interest rate, some forecasters are expecting the housing market correction will come to an end in 2024. Home prices are declining in some markets—and rising in others.