Mortgage Rate 2024 Predictions Nz . 12 housing market predictions for 2024. Mortgage volume correlates with interest rates, and with the federal reserve declining to raise its benchmark federal funds rate in december 2023, many analysts.
House prices are expected to rise over 2024 as will rents, with increased migration putting upwards. Bank economists are tipping a slow and gradual increase in house prices of between 5 and 8% throughout 2024 as soaring immigration during 2023 emerged as the unexpected.
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