Why 2024 was arguably the toughest year for home buyers and sellers in 30 years - MarketWatch

1. U.S. existing-home sales fell to the lowest level in 30 years. 2. In December, sales increased 2.2%, showing signs of market recovery. 3. Median home prices reached a record high of $407,500 in 2024. 4. Inventory shortages and high mortgage rates hinder home-buying activity. 5. Experts have mixed views on future home sales trends in 2025.