How Is The Housing Market 2024. Although a recession is no longer predicted, economic growth is expected to decline from 2023’s fairly robust rate of 2.5% to 2.1% in 2024 and 2% in 2025. Economists at bank of america warned this week that the us.

The number of homes actively for sale was notably higher compared with last year, growing by 36.7%, an eighth straight month of growth. The outlook for home prices in 2024 varies among experts.