Housing Market Forecast 2024 New Mexico. The national low income housing coalition, a nonprofit organization founded in 1974, estimates there is a shortage of over 7.3 million homes “affordable and available for renters with the lowest. In december, the average mortgage rate dropped to.

Stay informed with expert analysis, market insights, and valuable data. Yet, home values have increased 60% over the past 5 years, and 10.6% over the past year.