Housing Market 2024 Prices Reddit. Experts say that the combination of high mortgage rates, inflated home values and scarce inventory suggest that 2024 could remain a challenging year for the housing market. The forecast for a “stuck” housing market cuts both ways.

See which cities made the list. Once prices come down and interest rates go down, the market will be flooded with speculative investors, which in some cities is nearly 50% of all new condos (toronto).