May 2024 Housing Market Performance

May 2024 Housing Market Performance

Home prices are declining in some markets—and rising in others. With cooling inflation and an expected drop for mortgage rates, will more affordable housing lead to a big spike in sales?


May 2024 Housing Market Performance

More sellers are entering the market, driven by life changes and adjusting to. Credit card serious delinquencies increased from 6.4% in q4 2023 to 6.9% in q1 2024 and auto delinquencies increased from 2.7% to 2.8% during the same period.

The Economic Drivers Of Housing Supply And Demand Indicate Continued Softness In The Second Half Of 2024, But 2025 Looks A Little—Just A Little—Better.

Ontario's housing market slightly declined in may 2024, with an average home price of $890,634, a 1.1% decrease from the previous month and a 3.7% drop from the previous.

Although A Recession Is No Longer Forecasted, Economic.

While high interest rates have cast a shadow over much of the u.s.

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The Economic Drivers Of Housing Supply And Demand Indicate Continued Softness In The Second Half Of 2024, But 2025 Looks A Little—Just A Little—Better.

Mortgage interest rates are on the rise.

While High Interest Rates Have Cast A Shadow Over Much Of The U.s.

Home values are now 45% above what they were before the pandemic.