National Association of Realtors®(NAR) Chief Economist Lawrence Yun predicts that home sales will rise to 4.46 million by the end of 2024, which is a 9% increase compared to 2023. In other good news, U.S. News Senior Real Estate Economist Patrick S. Duffy reported that interest rates are expected to slowly decline over time, which will encourage migration and the listing of more homes.
