Home Price Forecasts Revised for 2023 [INFOGRAPHIC]

by KCM Crew

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

https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-dec-2022.pdf
https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-aug-2023.pdf
https://www.fanniemae.com/media/45801/display
https://www.fanniemae.com/media/48726/display
https://twitter.com/NewsLambert/status/1671900591113609216 (Morgan Stanley)
https://twitter.com/NewsLambert/status/1671556169712672768 (AEI)
https://www.zillow.com/research/data/
https://www.zillow.com/research/housing-market-challenges-32923/
https://ustoday.news/a-20-drop-in-house-prices-7-forecast-models-tend-to-crash-here-the-other-13-models-show-the-housing-market-in-2023/ (Wells Fargo)
https://twitter.com/NewsLambert/status/1686959362563092480 (Wells Fargo)
https://twitter.com/NewsLambert/status/1691799764466008217 (Goldman Sachs)
https://pulsenomics.com/surveys/#home-price-expectations
https://www.corelogic.com/intelligence/us-corelogic-sp-case-shiller-index-down-by-0-5-year-over-year-in-may-but-a-turning-point-may-be-ahead/
https://view.e.fanniemae.com/?qs=

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