“bny may predicts that prices will move up in 2022 by 10.8% but they also forecast a significant cooldown in 2023 with prices climbing just 3. 2%”Graham Stephan, relaying another source: House prices — around 10.8%
Said on Jul 8, 2022, at 6:20 in the video.
The window it was checked over
This series is not charted here until its publisher's terms for reusing it are confirmed. Each verdict still cites the figures it was judged on.
S&P Cotality Case-Shiller U.S. National Home Price Index: S&P Dow Jones Indices via FRED
Result at every window
All windows are shown, so none is pickedSomebody else's forecast — not scored
What was said around it
market for less than a month but I get it with all of the real estate jargon out of the way people only care about one thing so before we talk about it I recommend you sit down in the big picture though prices are still Rising for one simple reason there's just not enough Supply the fact is we are still well under historical averages of what would be considered a healthy market and when Builders are scaling back due to their own Rising costs that means less future Supply that will hit the market at a later date because of that bny may predicts that prices will move up in 2022 by 10.8% but they also forecast a significant cooldown in 2023 with prices climbing just 3. 2% now it is true that more than 25% of homes on the market right now have cut their prices but that seems to be more of a symptom of overly ambitious sellers thinking they could ask exorbitant prices than it is about seeing net values actually decline when it comes to this red finin went on record to say that it goes to show that there's a limit to sellers Powers there's still way more demand than Supply and buyers are still sweating but sellers can no longer overprice their home and still expect buyers to clamor at their door
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