Home Price Forecasts Revised for 2023 [INFOGRAPHIC]
Some Highlights
- 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.
- While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease.
- Let’s connect so you know what’s happening with home values in our local area.
Sources
- MBA Mortgage Finance Forecast - December 19, 2022
- MBA Mortgage Finance Forecast - August 21, 2023
- Housing Forecast: December 2022
- Housing Forecast: August 2023
- Morgan Stanley Upgrades Its Home Price Outlook (Morgan Stanley)
- AEI Housing Center Revises Its Housing Outlook Upward—Again (AEI)
- Housing Data
- U.S. Housing Market Avoids Crash, but Challenges Remain for Buyers and Sellers
- Wells Fargo Expects U.S. Home Prices (Wells Fargo)
- Goldman Sachs Just Revised Its U.S. Home Price Outlook Upward (Goldman Sachs)
- Home Price Expectations Survey™
