Bay Area Housing Market 2024 Predictions. Get ahead with your real estate decisions with our 2024 bay area housing market update! While home prices are still expected to decline in the bay area over the next year, the outlook is improving a bit, according to new data โ even amid ongoing economic.
I think the bay area will continue to trail the rest of the country for price appreciation but a 5% drop seems unlikely going into a falling interest rate environment. The bay areaโs strong economic fundamentals, limited housing supply, and high demand support home values, reducing the likelihood of a market crash.
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