Housing Market May 2024 Forecast

Housing Market May 2024 Forecast. Will mortgage rates come down? Experts say that the combination of high mortgage rates, inflated home values and scarce inventory suggest that 2024 could remain a challenging year for the.

Already, market anticipation of a rate cut at the september fed meeting has brought mortgage rates down to 6.2% last week, from 6.7% at the beginning of august. Data, housing demand, housing supply, market outlook.