Will The Housing Market Crash In 2024. Fannie mae currently sees home prices rising 6.1% year over year by the end of 2024. Home prices posted a 5.9% annual gain for may, down from a 6.4% annualized gain in april, according to the latest s&p.

With low inventory and mortgage rates around 7%, sellers. The mortgage bankers association believes prices could rise 4.5% this year.