Toledo and Affordable Midwest Cities Projected to Be Hottest Housing Markets in 2024
-
Toledo, Ohio is projected to be the hottest housing market in 2024 due to affordability and projected sales and price growth.
-
Oxnard, California is number 2 on the list, with a forecasted 21.3% combined sales and price change.
-
Realtor.com expects 2024 to bring some relief for buyers with slowing mortgage rates and improved affordability.
-
The top 10 markets comprise affordable Midwest/Northeast cities like Toledo and Rochester alongside rebounding California markets.
-
Southern metros had more newly-built homes in 2023, impacting their price and sales forecasts compared to other regions.