Housing Market Trends 2024 Usa. Housing market forecast for 2024 and 2025 u.s. Total (existing and new) home sales reached 4.4 million units in november 2023, down 1.2% as compared to october 2023 and 6.2% below november 2022.

Now, with the prospect of interest rate cuts on the horizon, home prices are expected to climb more than previously anticipated, according to goldman sachs research. Although a recession is no longer predicted, economic growth is expected to decline from.