The Future of Home Prices: Experts Warn of Regression and Decline
TL;DR Summary
Goldman Sachs predicts that home-price growth in the US will slow down due to high mortgage rates, leading to decreased affordability. Despite a recent increase in home prices, the report warns that this is based on lagging data and does not account for the current higher mortgage rates. The 10 cities experiencing the most regression in home prices include Washington, DC and Dallas.
- Goldman Sachs: 10 Cities Where Home-Price Growth Is Regressing Most Business Insider
- US home prices still face a 'steep and sustained' decline this year, economist warns Fox Business
- Housing Market Crash Averted? Perhaps — But Not So Fast, Experts Say Yahoo Finance
- Home Prices in South, East Likely to Stabilize RisMedia.com
- Housing market affordability is so out of whack that ‘the bulk of the drop in home prices is yet to come,’ says Pantheon Macroeconomics Fortune
- View Full Coverage on Google News
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