Home Sales Forecast 2024. Buying a home would be a curse instead of a blessing. Given the advantages enjoyed by homebuilders, including higher energy efficiency, the latest design trends and the ability to offer mortgage rate buydowns, new home sales are predicted to.

After falling sharply in 2023 to the lowest level since 1995, existing home sales are predicted to rise in 2025 as mortgage rates decline and will continue rising through 2029. 2024 was expected to be a big rebound year for home sales in california.