Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]

By Cheryl Bower | August 4, 2023
Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC] Simplifying The Market

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.
Posted in For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Pricing

About Cheryl Bower

Cheryl has been a Lyon Hoag (Burlingame, CA) resident since 2004. She was raised in the Richmond District (San Francisco, CA). Licensed as a Realtor since 2005, she represents buyers & sellers in the San Francisco & San Mateo County real estate markets.