“the mortgage Giants Fanny May and Freddy Mack forecast that housing prices will rise 8% in 2021 before slowing down to 2.9% in 2022”Graham Stephan, relaying another source: House prices — around 8%
Said on Jul 9, 2021, at 8:04 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
that they're ready to increase interest rates sooner than they initially anticipated they still maintain that the inflation we're seeing today is transitionary it's mainly due to a result of excess demand combined with supply chain issues like our lumber example and that they still plan to keep rates low although we may see an uptick in 2023 this means that real estate may continue to be very competitive throughout the next year or two at least until interest rates start to have an impact on the market the third from all of this the mortgage Giants Fanny May and Freddy Mack forecast that housing prices will rise 8% in 2021 before slowing down to 2.9% in 2022 gillo is a little bit more ambitious when it comes to this believing that housing prices could rise another 14.9% year-over-year and fourth I never thought I would say something like this but because materials are beginning to come down in price Builders are purposely slowing down their projects and in order to wait for their materials to decline otherwise they risk putting themselves in a position where they overpay the cost of materials they extend themselves further than needed and then by the time the home is actually ready
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