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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.
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.
Data from Realtor.com shows that delistings outpaced inventory gains in May. While inventory has climbed across the US, ...
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.
"Housing will thus soon be a full-blown headwind to broader economic growth," warns Moody's Chief Economist Mark Zandi.
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) ...
Higher mortgage rates have weighed on the U.S. housing market, which posted a $2.3 trillion decline in the second half of 2022, according to Redfin data.
The decline for high-end real estate marked the sharpest on record since Redfin began tracking the market in 2012. ... The US housing market is in the midst of a correction.
America’s housing market is finishing a year of high prices, sluggish sales and elevated mortgage rates. But there are factors that could give it a boost next year.
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