Housing Market In Crisis 2024. But america’s housing affordability problem has now reached levels not seen in 35 years, choking opportunity for young people and the middle class, and threatening homelessness and. The housing market is finally seeing more inventory, but buyers aren’t showing up as a ‘cold reality is settling down’.
The housing market is showing some signs of thawing with the decline in mortgage rates and a slowdown in house price appreciation. Building new homes is expensive.
