ilmscore | Prediction Details
By Andrei Jikh | April 5, 2024 | Correct
Interpreted Prediction
Fundrise expects real estate prices to increase in the near term, driven by anticipated Federal Reserve interest rate cuts.
AI Evaluation Notes
Fundrise predicted an increase in real estate prices in the near term, driven by anticipated Federal Reserve interest rate cuts. Real estate prices did indeed reach a record high of $426,900 for existing homes in the U.S. in June 2024, indicating an increase. The Federal Reserve also initiated interest rate cuts in September and December 2025, aligning with the anticipation of such cuts, albeit occurring somewhat later than a strict 'near term' interpretation from April 2024 might suggest for the actual cuts.

Prediction Details

Target
Real estate prices increase
Predicted date
Near term

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