Why Housing Could TAKE OFF Again in 2023: Real Estate Market Outlook

The US Housing market could take off again in 2023 as inventory is starting to decline and median list prices are starting to level off. Home affordability has improved 10% as interest rates declined from 7.08% to 6.27%. Home price predictions for next year have been mixed, with most analysts and economists predicting lower prices and lower total sales. But forward looking data shows home sales could increase in 2023 and possibly even end the year higher than the end of 2022.

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