2024 Housing Market Forecast [INFOGRAPHIC]

<article class="post-852173 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-852173"><span class="entry-date">November 17, 2023</span><div class="entry-header center-block text-center"><h1 class="entry-title">2024 Housing Market Forecast [INFOGRAPHIC]</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=2024+Housing+Market+Forecast+%5BINFOGRAPHIC%5D&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2F2024-housing-market-forecast-infographic%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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</div></div><div class="post-tax post-category"><span></span><a href="../category/realtor-blog/index.html" rel="tag">Realtor Blog</a></div><div class="post-tax post-post_tag"></div></div><div class="entry-content"><div><img alt="2024 Housing Market Forecast [INFOGRAPHIC] Simplifying The Market" decoding="async" loading="lazy" src="https://media.agentaprd.com/sites/222/2024-Housing-Market-Forecast-KCM-Share.webp" style="display: block; margin-bottom: 5px; clear: both; max-width: 100%;" width="358"/>
<p><a href="https://files.keepingcurrentmatters.com/KeepingCurrentMatters/content/images/20231114/2024-Housing-Market-Forecast-MEM.png" rel="noopener noreferrer" target="_blank"><img decoding="async" src="https://files.keepingcurrentmatters.com/KeepingCurrentMatters/content/images/20231114/2024-Housing-Market-Forecast-MEM.png"/></a></p>
<h3>Some Highlights</h3>
<ul>
<li>Thinking of <a href="https://www.simplifyingthemarket.com/2023/11/07/homeowner-net-worth-has-skyrocketed/" rel="noopener noreferrer" target="_blank">buying</a> or <a href="https://www.simplifyingthemarket.com/2023/10/24/the-perks-of-selling-your-house-when-inventory-is-low/" rel="noopener noreferrer" target="_blank">selling a house</a> and wondering what the new year holds for the housing market? <a href="https://www.fanniemae.com/media/49326/display" rel="noopener noreferrer" target="_blank">Experts forecast</a> home <a href="https://www.simplifyingthemarket.com/2023/11/02/dont-believe-everything-you-read-about-home-prices/" rel="noopener noreferrer" target="_blank">prices</a> to end this year up 2.8% and to rise another 1.5% in 2024. And climbing <a href="https://www.simplifyingthemarket.com/2023/10/23/why-home-prices-keep-going-up/" rel="noopener noreferrer" target="_blank">prices</a> help make <a href="https://www.simplifyingthemarket.com/2023/10/18/what-are-the-real-reasons-you-want-to-move-right-now/" rel="noopener noreferrer" target="_blank">homeownership</a> a <a href="https://www.simplifyingthemarket.com/2023/10/26/affordable-homeownership-strategies-for-gen-z/" rel="noopener noreferrer" target="_blank">good investment</a>.</li>
<li>Plus, home sales are <a href="https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-oct-2023.pdf" rel="noopener noreferrer" target="_blank">projected to increase</a> in 2024. That’s good news because it means experts are forecasting more activity as people <a href="https://www.simplifyingthemarket.com/2023/11/13/life-changing-events-that-move-the-housing-market/" rel="noopener noreferrer" target="_blank">continue to move</a>.</li>
<li>If you’re planning to buy or sell, it’s helpful to know what <a href="https://cdn.nar.realtor/sites/default/files/documents/forecast-q4-2023-us-economic-outlook-10-26-2023.pdf" rel="noopener noreferrer" target="_blank">experts project</a> for the housing market. Connect with a local <a href="https://www.simplifyingthemarket.com/2023/10/30/a-real-estate-agent-helps-take-the-fear-out-of-the-market/" rel="noopener noreferrer" target="_blank">real estate agent</a> to talk about the latest forecasts and craft a plan together.</li>
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