Here's What Housing Experts Forecast for the Rest of 2022.
Nationally, home prices are forecast to appreciate, just at a more moderate pace than last year.
Home Price Forecasts for 2022 average of all 7 industry leaders is 11.3% increase.
Experts project mortgage rates will stabilize, hovering in the low 5% range.
If you plan to buy or sell a home this year, partnering with an expert who follows today's market trends is a must.
Let's connect today so you have a trusted real estate advisor on your side.
SOURCES for Data in Video:
- https://freddiemac.gcs-web.com/node/25711/pdf
- https://www.fanniemae.com/media/44131/display
- https://www.freddiemac.com/research/forecast/20220720-quarterly-forecast-market-slowdown-will-continue-high-rates-and-prices-exacerbate
- https://cdn.nar.realtor/sites/default/files/documents/forecast-q3-2022-us-economic-outlook-07-27-2022.pdf
- https://www.corelogic.com/intelligence/find-stories/corelogic-hpi-posted-record-year-over-year-growth-in-2021/
- https://pulsenomics.com/surveys/#home-price-expectations
- https://www.zelmanassociates.com/ (subscription required)
- https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-aug-2022.pdf
- https://www.freddiemac.com/research/forecast/20220720-quarterly-forecast-market-slowdown-will-continue-high-rates-and-prices-exacerbate
- https://www.fanniemae.com/media/44131/display
- https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-july-2022.pdf
- https://cdn.nar.realtor/sites/default/files/documents/forecast-q2-2022-us-economic-outlook-04-27-2022.pdf
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