Thinking of buying or selling a house and wondering what the new year holds for the housing market? Experts forecast home prices to end this year up 2.8% and to rise another 1.5% in 2024. And climbing prices help make homeownership a good investment.

Plus, home sales are projected to increase in 2024. That’s good news because experts forecast more activity as people continue to move.

Knowing what experts project for the housing market is helpful if you plan to buy or sell. Let’s connect with real estate brokers in Chicago at KM Realty Group LLC to talk about the latest forecasts and craft a plan together.