Home Price Forecast 2022: Real Estate Prediction for Higher Prices
Last year while many people predicted that there was a housing bubble that would collapse, it is predicted this year that home values could rise significantly again compared to 2021.
The main factors that drive prices in the housing market are the number of homes on the market (inventory) and the demand for housing. Other factors that forecast the home prices are interest rates, ease of getting a home loan, and the pace of new home construction.
Todd and Oana are real estate agents in the Las Vegas area and owners of Nevada Realty Solutions in Las Vegas.
Oana Sterlacci-Miller
broker@nvrs.com
702-285-4207
Todd Miller
todd@nvrs.com
702-218-2819