Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]

August 4, 2023
Frank Menjivar
For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Pricing

Some Highlights

Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.
Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation continues to cool.
Even though low inventory continues to be a challenge, experts project 5 million homes will still sell this year. That pace should pick up if rates come down.

Prime Mortgage LLC | NMLS 981076 | http://www.nmlsconsumeraccess.org | 555 Anton Blvd, Suite 150 Costa Mesa, CA 92626 | (833) 658-9353 | © 2024 | Not affiliated with any government agency. All Loans are subject to underwriting approval. Terms and Conditions apply. Some loan products may not be available in all states. Subject to change without notice.

*By entering your information and clicking “Submit”, you authorize Prime Mortgage to contact you using the information you provided above. We may call, email, or text you; data rates may apply. We may use automated dialing systems and prerecorded voice messaging for calls or texts. This permission applies even if you are on a company, state, or national Do Not Call Registry. You may opt out of receiving these communications at any time. This consent is not a requirement to obtain a loan. You may choose not to submit and contact us directly by our phone number listed.

Prime Mortgage is an Equal Opportunity Employer, EEO is the law.

Some Highlights

Share This

Related Posts