Housing market outlook for 2024 – Wharton Professor Susan Wachter #housingmarket

Knowledge at Wharton

Episode Description

Wharton School Professor of Real Estate Susan Wachter offers her housing market outlook for 2024, predicting recovery in the second half of the year based on on trends in interest rates, inflation, and mortgage rates, which she says will provide relief in the mortgage market.

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Brief Summary

Housing market predictions for 2024 suggest challenges early on but recovery by 2025 due to falling interest rates and inflation.

Key points

  • Housing Market Predictions for 2024. The housing market will face challenges in 2023, but recovery is expected by 2025.

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