AI Evaluation Notes

The prediction stated new construction home prices would increase by 3-4% per quarter in 2024. New home sales data from 2024 indicates a mixed picture. While new home sales increased overall by 2.5% compared to 2023, the median sales price showed some fluctuation throughout the year, with the median price in December 2024 at $427,000. Looking at the median sales price of houses sold for the United States, Q2 2024 was $414,500, Q3 2024 was $415,300, and Q4 2024 was $419,300. Considering these factors, the prediction was partially correct, as there were some increases but not consistently at the rate predicted.