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Fannie Mae forecasts a nearly 5% price appreciation by the end of 2024. NAR predicts the year-end median price on existing homes will hit $393,000, up from $387,000 in 2023. "One thing that seems ...
The median home-sale price as of March 2024 was $393,500, up 4.8 percent from one year ago, according to NAR data. The nation had a 3.2-month supply of housing inventory as of March, per NAR ...
The current housing market. Home sale prices: The country’s median existing-home sale price in February 2024 was $384,500, according to the National Association of Realtors (NAR) — up 5.7 ...
Rising construction costs and a slowing economy as a result of prolonged high interest rates will also impact the housing market in 2024.” ... even as the Fed slows its pace of interest rate ...
30-year fixed-rate mortgage: 5.75%. Change: -1.15 percentage point. Highest since 2009. Mortgage rates ended 2023 with a cooldown almost as fast as the surge.
The 2024 housing market currently offers perks such as a larger inventory and less competition among buyers. However, high mortgage rates might make you rethink buying right now. Although experts...
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