Housing Market Crash 2024. Sqm research is forecasting flat to falling home prices for most cities except perth and brisbane in 2024 high interest rates, rising unemployment and an increase in distressed sales are expected Fannie mae sees home prices increasing 6.1% in 2024 and 3% in 2025.

Interested in understanding which areas pose a higher risk for real estate investments and which ones are safer to purchase in the coming year? Low rates could spark some additional homebuying, but demand will ultimately stay muted and the market will continue to move sluggishly, according to lendingtree.