Housing TROUBLES in 2023: Will Real Estate Improve by 2024 of 2025?

Vanguard has predicted home prices to decline in 2023 as much as 5% by the fall. They do not predict that home prices will start to increase again until 2024 and 2025. Vanguard does not believe there will be a housing crash or that we are in a housing bubble.

In fact they pointed out 3 things about housing.

1) There is an undersupply of homes.
2) Housing formations and favorable beliefs about home ownership will help housing
3) Borrowers have strong credit scores and jobs as well as a lot of people have home equity.

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