Housing Market 2024 Forecast. Nationwide sales of existing homes fell 5.4 percent in june 2024, per nar. In pcl, we forecast growth will fall to 2% this year as supply increases from the lows of the pandemic.

Our forecasts for rents in 2024 also appear broadly on track, if you ignore the uncertainty surrounding the renters reform bill. In pcl, we forecast growth will fall to 2% this year as supply increases from the lows of the pandemic.