Home Sales Are Slow, But More Buyers Are Searching
Redfin: Falling rates, signs that inflation is improving bringing buyers back to the market.
Tagged: Home Prices
Veros Housing Market Forecast Goes Negative; 1st Time In A Decade
2022 Q4 VeroFORECAST anticipates home prices will depreciate on average by 0.5% for the next 12 months.
Record Share Of Sellers Give Concessions To Buyers
'Buyers are asking sellers for things that were unheard of during the past few years.'
Annual Home Price Growth Slowed To 2-Year Low In November
CoreLogic expects annual price changes to move into negative territory by the spring of 2023.
Urban Institute: 80% Of Homes On Market Unaffordable
Study says declining number of active listings nationwide puts homeownership out of reach for American with median income.
NAR: Home Sales Will Fall 6.8% Next Year
Next year's forecasted drop in home sales is smaller in comparison to this year's hit.
Consumers Expect Both Inflation & Home Prices To Fall
Consumers also more optimistic that household income will grow.
Home Prices Decelerate Nationwide
Home price gains slowed in September 2022, according to the S&P CoreLogic Case-Shiller Indices.
Buyer-Seller Stalemate Increases Housing Market Supply
The market may not stay calm for very long, though.