Home Price Forecasts Revised for 2023 [INFOGRAPHIC]
Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.
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Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.
Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future.
According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months.
Thinking of buying or selling a house and wondering what the new year holds for the housing market?
Want to know what experts say will happen in the rest of 2023?
If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.
Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall.
Even though home prices are going up nationally, some people are still worried they might come down.
Are you thinking about making a move?
If you're planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment.
Everywhere you look, people are talking about a potential recession.
During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023.
If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market.
If you're wondering what’s happening with home prices, know they’re still rising, just at a slower pace – and that’s perfectly normal for this time of year.