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CalculatedRisk Newsletter
Preliminary 2024 Housing Forecasts

Preliminary 2024 Housing Forecasts

6%+ Mortgage Rates, House Price Increases, Multi-family Starts Down Sharply

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Oct 16, 2023
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
Preliminary 2024 Housing Forecasts
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Towards the end of each year, I collect some housing forecasts for the following year - and also provide my own outlook. Several more forecast will be available in early December.

It is early, but for comparison, new home sales in 2023 will probably be around 675 thousand, up from 641 thousand in 2022.

Total housing starts will be around 1.38 million in …

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