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Bankrate on MSNIs the housing market going to crash? Here’s what the experts say
Industry experts do not expect it to. Housing economists point to five main reasons that the market will not crash anytime ...
Analysts believe a modest drop in mortgage rates could prove to be a "magic bullet" for the U.S. housing market.
But Goldman Sachs has warned prospective home sellers that the housing market downturn is expected to worsen in 2023. And for interested home buyers, this doesn’t necessarily mean lower home prices.
U.S. existing home sales dropped to a nine-month low in June as higher mortgage rates and economic uncertainty keep potential buyers on the sidelines, pointing to a deepening housing market slump.
New home sales fell 13.7% in May, showing that the housing market is in a freeze. Redfin said this month that unsold inventory is at a record high.
The US housing market’s deep freeze is likely to accelerate next year and result in the first year-over-year decrease in home prices in a decade, according to experts at real estate firm Redfin.
Data from Realtor.com shows that delistings outpaced inventory gains in May. While inventory has climbed across the US, ...
Mortgage rates at 20-year highs have split the US housing market, ... San Jose, California saw the steepest decline with 35% fewer active listings in May compared to the same month last year.
In all, Goldman projects sharp declines this year in new home sales (22% decline), existing home sales (17% drop) and housing GDP (8.9% drop). It projects further declines in 2023, including ...
us housing market sees $2.3t drop in value, biggest since 2008 Residential homes in Teaneck, N.J., Nov. 24, 2022. (Yuvraj Khanna/Bloomberg via Getty Images / Getty Images) ...
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