x
Breaking News
More () »

Here's how housing prices are expected to change in Denver in 2024

Housing economists vary on their assessments of what's to come during the next 12 months.

DENVER — After a year marked by volatile — and frequently high — mortgage rates, little inventory and affordability issues that sidelined many buyers, the 2024 housing market outlook offers more of the same, albeit with some relief.

Housing economists vary somewhat on their assessments of what's to come in the for-sale market during the next 12 months, and predicting factors like where mortgage rates will end up can be difficult. Most, however, agree the conditions for housing will improve, even if only slightly, and that's expected to unlock inventory, moderate home-price appreciation and make transactions easier to achieve.

In Denver, home prices are expected to decline modestly — about 5.1% according to realtor.com's 2024 National Housing Forecast. With that, sales growth is expected to decrease by 15.3%.

Read the full story at Denver Business Journal.

REAL ESTATE: Where you need to make at least $200K to afford a home in Denver

REAL ESTATE: $8.275 million Boulder home tops sales for November

ECONOMY: Will Colorado's 2024 economic growth be enough to prevent a recession?

> Top stories from 9NEWS curated daily just for you! Sign up for the 9NEWSLETTER right now to get can’t-miss stories, Next and Broncos content, weather and more delivered right to your inbox.

SUGGESTED VIDEOS: Colorado real estate market  

Watch more from 9NEWS on the free 9NEWS+ app for Roku and Fire TV.      

9NEWS+ has multiple live daily shows including 9NEWS Mornings, Next with Kyle Clark and 9NEWS+ Daily, an original streaming program. 9NEWS+ is where you can watch live breaking news, weather updates, and press conferences. You can also replay recent newscasts and find videos on demand of our top stories, local politics, investigations and Colorado specific features.      

To download 9NEWS+ on Roku search for KUSA.       

To download 9NEWS+ on Fire TV search for 9NEWS.     

RELATED: Watch 9NEWS for free on ROKU, Apple TV, Fire TV

Before You Leave, Check This Out