Where do experts say the housing market is heading?
Rashid Al Nuaimi
What interest rates, supply and demand mean for buyers and sellers this year.
Most forecasts agree that the market is moving more slowly than at its peak. Buyers have more time to decide and more room to negotiate, while well-presented homes in good locations still sell quickly.
Interest rates remain the biggest factor in what people can afford, and the shortage of new homes keeps prices steady in popular neighbourhoods.
Our advice: sellers should price realistically and invest in presentation; buyers should get a pre-approval and know their must-haves before they start viewing.