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Fortune

Jason Ma

The outlook for home prices has zig zagged dramatically again

Home Prices Freddie Mac US Federal Reserve

man unloading boxes from van (Credit: Getty Images)

With rate cuts from the Federal Reserve looking more imminent, the housing market outlook has taken another sharp twist.

According to Freddie Mac's latest forecast released on Tuesday, home prices will rise 2.1% in 2024 and 0.6% in 2025, marking the latest head-spinning turn, especially for this year.

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