In 2024, experts foresee continued home price growth, albeit at a slower pace than in 2023. The market is expected to be more active, potentially offering more options for buyers and sellers. Understanding these forecasts can help make informed decisions about real estate endeavors. Connecting with a local agent for guidance is key.
The latest data shows that home prices in the US have been rising steadily, with a more sustainable pace of increase in 2023. This is reassuring for both buyers and sellers. Buyers can benefit from making their purchase before prices climb higher, while sellers may find it advantageous to enter the market now.
St. Louis City & County Housing Report In its continued effort to curb inflation, the Federal Reserve raised its benchmark interest rate in February by a quarter-percentage point to 4.50%
