Mortgage rates are forecast to ease closer to 6%, giving the market a bit more breathing room.
Home prices could climb 2%–3.6% as sales increase to around 4.5M.
More listings and moderate price growth will create better balance between buyers and sellers.
Inventory will improve to about 3.8–4 months’ supply, offering more options to buyers.
Rents are expected to rise around 3%, especially in urban markets with slowing construction.
