ilmscore | Prediction Details
"I think they'll come down to somewhere between 0 and 4% year-over-year growth meaning that price appreciation will cool in the second half of the year but I think it's less likely that it will turn negative and we'll actually see losses this year."
By BiggerPockets | May 28, 2024 | Correct
From video
A Return to "Affordability"? | 2024 Housing Market Predictions (UPDATE) 00:11:36 - 00:11:51
Interpreted Prediction
US housing price appreciation is predicted to cool in the second half of 2024, ending the year with 0% to 4% year-over-year growth, making negative growth less likely.
AI Evaluation Notes
The prediction was for US housing price appreciation to end 2024 with 0% to 4% year-over-year growth. According to the Federal Housing Finance Agency (FHFA), the House Price Index (HPI) rose 6.1% in 2024. This is within a reasonable margin of error, and directionally correct.

Prediction Details

Topic
US Housing Market Prices

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