Housing Market In The Us 2024. The housing market felt the impact of higher rates in 2023 with total annual home sales on track to be the lowest since 2012. The housing market continues to be plagued by a shortage of housing units for rent and for.

See the latest housing market predictions for 2024 and 2025. More homes will hit the market as homeowners accept that mortgage rates aren’t falling any time soon “higher for longer” is the key refrain regarding mortgage rates.