• NAR predicts 4.71 million existing-home sales in 2024, up 13.5% from 4.1 million anticipated in 2023.
• Annual median home prices are expected to remain largely unchanged at the national level in 2024, for the second straight year, modestly improving affordability from rising income.
• Austin, Dallas-Fort Worth, Nashville, Philadelphia and Washington, D.C. join five other metropolitan areas among NAR’s top 10 housing markets with the most pent-up housing demand in 2024.
To read the full article, click here: https://www.nar.realtor/newsroom/nar-forecasts-4-71-million-existing-home-sales-improved-outlook-for-home-buyers-in-2024?utm_source=wir_december_20_2023&utm_medium=email&utm_campaign=wir_december_2023&fbclid=IwAR2_iep8JMYBynrk4piOt_dZUhZbNJxrOHOwJH9kW_YLw3KfSOfATVypABk
Color of the Year 2024
