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🏡 Key housing market stats The median home-sale price as of September 2024 was $404,500 — the highest September median NAR has ever recorded and only about $20K short of the all-time high
Real estate forecasts for the next 5 years. ... The country’s median existing-home sale price in June 2024 was $426,900, ... Yun does not expect the residential real estate market to burst. He ...
The bank expects housing starts to decline by 4% in 2024 because of fewer multifamily starts, totaling less than 350,000, which would be the lowest level of multifamily starts since 2013.
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
Those who braved the housing market in 2024 faced one of the slowest sales years in three decades. Next year is shaping up to be a little bit better. Many of the plights that kept would-be buyers ...
Will housing prices drop in 2024? Probably not, says Lautz. In fact, NAR expects prices to increase, albeit not by much: “NAR’s forecast expects annual home price growth in 2024 just under 1 ...
The housing market keeps defying expectations. But experts agree that a crash is not imminent. ... Prices hit a new all-time high in June 2024, with the median sale price for an existing home ...
And housing starts have still not recovered from the bursting of the housing bubble in the mid-2000s. Divide between haves and have-nots The forecast for a “stuck” housing market cuts both ways.