Will The Housing Market Crash In 2024. Economists at bank of america warned this week that the us housing market is “stuck and we are not convinced it will become unstuck” until 2026 — or later. The last housing crash helped cause today's lack of supply, which is.
Finally though, conditions appear poised to shift, especially given mounting bets that the fed will loosen monetary policy in 2024. Home prices are rising, inventory is low, and mortgage rates are increasing.