In the latest webcast episode of RiskWire, hosts Reena Agrawal, Research Economist, and Eric Fox, Chief Economist, explore whether potential first-time home buyers will find an improvement in home affordability in 2024. This episode provides critical insights for anyone navigating the housing market.
Episode #23 Highlights:
- The outlook for the remainder of 2024, underlining a slight rise in home prices by 3.2% through mid-2025.
- Interest rates are expected to stay around 6.8%, with no significant changes anticipated.
- Analysis of potential Fed actions shows a rate cut is unlikely unless inflation drops below 3%.
Reena Agrawal and Eric Fox provide a comprehensive analysis of the housing market, equipping listeners with the knowledge to understand and navigate evolving real estate and housing market trends.
Click here to listen now and gain valuable insights into what to expect in the housing market for 2024!