Housing Crash Coming 2024. According to c.a.r.'s 2024 california housing market forecast, released in september 2023, the market will. The average interest rate has shown some volatility since march 2023, climbing toward 7% again, then dropping back down and going up again.
Will the california housing market crash in 2024? Overall, we expect 4.3 million sales in 2024, up 5% year over.
The Consensus Reflects A Major Problem:
House prices rose in january for the fourth successive month, dampening fears of an impending property market crash.
It Seems Experts And Real Estate Agents Have Been Anticipating A Housing Market Crash Since The Pandemic As Home Prices Skyrocketed And Interest Rates On.
Inflation is soaring, and there is a fear of an impending recession in the country.
Home Sales Will Speed Up Throughout 2024 As Affordability Improves And More Homes Hit The Market.