Housing Market In Crisis 2024. From 2021 to 2022, the u.s. Uk house prices are expected to fall in 2024, according to analysts and lenders, while the cost of renting a home will continue to rise.

Housing experts agree that a massive housing shortage decades in the making is driving up prices, and is a key reason behind record high rates of homelessness. Buyers can’t afford homes unless either prices or interest rates fall.