Tag results for: home prices 2023
Morgan Stanley slashes its U.S. housing market outlook—where it sees the home price correction going in 2023
On a national basis, home prices fell 1.3% between June and August. That marked the first decline measured by the lagged Case-Shiller National Home Price Index since 2012....
Update: The home price correction in America’s 400 largest housing markets, as told by one interactive map
That type of looming loss explains why Redfin recently announced it’s shutting down its algorithm-run iBuyer business. As long as the U.S. housing market remains in correction mode, the...
Updated: Odds of falling home prices in your local housing market, as told by one interactive map
Unlike the stock market, which corrects through price shifts, housing corrections are historically felt the most acutely through declines in housing activity. That, of course, is why spiked...
The home price correction intensifies—what to expect from the U.S. housing market in 2023
That, of course, is what we’re seeing now. Despite favorable demographics and tight inventory levels, pressured affordability—spiked mortgage rates coupled with frothy home prices—is beginning to push home...
These 210 housing markets are now vulnerable to 20%-25% home price declines, finds latest Moody’s downgrade
Favorable millennial demographics. Tight housing inventory. Low unemployment. That’s why housing bulls said the Pandemic Housing Boom had more room to run.
Moody’s Analytics chief economist Mark Zandi, of...
The U.S. housing market downturn will be worse in 2023, forecast Goldman Sachs
The U.S. entered into its first housing downturn of the post-Great Financial Crisis era. And the worst still awaits.
On Tuesday, researchers at Goldman Sachs released a paper...
