Housing Market Recovery
In
Economic Policy
By
Arya Kumar
Following a continued slowdown in the housing market characterized by low inventory and dwindling activity, there is renewed optimism for 2024. The National Association of Home Builders (NAHB) predicts that the housing market will experience a revival in 2024, with housing construction and demand presenting signs of improvement. This brief will explore the broader implications of the US housing market recovery predictions for 2024.