May 2024 Housing Market

May 2024 Housing Market. Zillow’s latest forecast outlines slowly declining mortgage rates in 2025, setting the stage for modest growth in both sales and home price appreciation. Experts say there are signs for improvement in the housing market for 2024.

Here’s a roundup of the key trends that shaped real estate in 2024, according to storagecafe research studies: May’s list is the eighth in a row that contains only northeast and midwest markets.