Housing Market Forecast 2024 California. What will happen to the housing market in the second half of 2024? Housing affordability is expected to remain flat at 17% next year from a projected 17% in 2023.
Predicting how mortgage rates will move is a nearly impossible task, but recent inflation news gives the impression that rates are likely to hold fairly steady as well in the coming months. This is a growth of about 11.8% since april of last year.
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