Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]
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.
Categories
- All Blogs (408)
- Buying Myths (86)
- Demographic (16)
- Distressed Properties (2)
- Down Payments (5)
- Equity (1)
- First Time Home Buyers (114)
- Foreclosures (17)
- FSBO (10)
- Home Buying (266)
- Home Selling (205)
- Infographics (80)
- Interest Rates (55)
- Inventory (3)
- Investing (4)
- Move-Up Buyers (66)
- Pricing (74)
- Real Estate Market (209)
- Rent vs Buy (24)
- Resource (6)
- Selling Myths (73)
- Senior Market (2)
- Video (6)
Recent Posts
Why Right Now Might Be a Smart Time to Sell Your Home
Home Staging FAQ: What You Need To Know
The Big Difference Between Renter and Homeowner Net Worth
Renting vs. Buying: The Net Worth Gap You Need To See
Avoid These Top Homebuyer Mistakes in Today’s Market
The Benefits of Using Your Equity To Make a Bigger Down Payment
How Much Does It Cost To Sell My House?
Two Reasons Why the Housing Market Won’t Crash
The Top 3 Reasons Affordability Is Improving
Home Values Rise Even as Median Prices Fall