Is The Housing Market Slowing Down 2024. While the housing market has slowed in terms of the number of transactions, prices haven’t soften despite broader expectations, ostrowski explained. Homebuyers will worsen over the coming year on tight supply and just a few more federal reserve interest rate cuts, even as average.
A preview of the spring homebuying season shows a healthy recovery. Rates roughly doubled back in 2022, thanks in part to the federal reserve’s war on inflation, and they have stayed high since.
