How much will new home sales increase in 2024?

Single-family home housing starts are forecasted to increase an estimated 0.4% in 2024, according to Realtor.com. The latest figures on new home sales reported by the U.S. Department of Housing and Urban Development and the Census Bureau show that New home sales rose 17.7% year-over-year.

What will drive home sales in 2024?

"Moves of necessity – for job changes, family situation changes, and downsizing to a more affordable market – are likely to drive home sales in 2024," Hale continued. "Home buyers will continue to seek out markets where they feel like they get the most out of their dollar as they look for homes that better meet their needs."

Will mortgage rates go down in 2023?

Homebuyers may be in for some relief in 2023, but challenges remain, economists said. With the outlook for mortgage rates finally improving, the forecast for housing is looking better heading into the New Year. Realtor.com economists predict that mortgage rates, which have declined over the past five weeks, will slide into the 6% territory in 2024.

What is the 'DX' commodity price prognosis for May 24 2028?

Dollar Index Future price (per contract unit) equal to 103.490 USD at Jun 1, 2023. Based on our forecasts, a long-term increase is expected, the "DX" commodity price prognosis for May 24, 2028 is 136.114 USD per contract unit. With a 5-year investment, the revenue is expected to be around +31.52%.