Housing Market FORECAST For The Rest of 2023

Some Highlights

• Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.

• Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation continues to cool.

• Even though low inventory continues to be a challenge, experts project 5 million homes will still sell this year. That pace should pick up if rates come down.

Bottom Line

Contrary to what is being told to us on the news regarding the Real Estate Market, The experts and data think the opposite is happening. I follow the experts to get you the most up to date information and available to assist you to make the best real estate decisions!