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.

• Connect with your trusted real estate agent to find out what’s happening with home values in your local area.

Sources

• MBA Mortgage Finance Forecast (December 19, 2022)

• MBA Mortgage Finance Forecast (August 21, 2023)

• Housing Forecast - December 2022

• Fannie Mae August 2023 Housing Forecast

• Twitter - News Lambert (Morgan Stanley)

• Twitter - News Lambert (AEI)

• Zillow - Data

• Zillow. - Housing Market Challenges

• Twitter - News Lambert (Wells Fargo)

• Twitter - News Lambert (Goldman Sachs)

• Pulsenomics - Home Price Expectations