jls_relo_logo_wt2023jls_relo_logo_wt2023<strong>2023 could be a year of paradoxes, with slow sales but rising prices</strong><strong>2023 could be a year of paradoxes, with slow sales but rising prices</strong>
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December 13, 2022
Affordable housing project rises on former Amazon HQ property
December 13, 2022
Published by jlspr on December 13, 2022
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2023 could be a year of paradoxes, with slow sales but rising prices

By Dave Gallagher

November 30, 2022

The coming year is shaping up to be a strange one for real estate, according to the 2023 forecast released today by Realtor.com.

The company’s economists are predicting interest rates will remain elevated and home sales will remain slow — yet home prices and rents will increase next year even as inventory rises.

In the face of slower sales and greater supply, how is it that home prices will rise nationally, albeit slightly, in 2023? The answer, according to Realtor.com Senior Economist George Ratiu, can be found by looking at other factors that influence the housing market. See More

More great articles below

  • Two housing reports confirm a softening market
  • It Has Been This Bad Before. How Home Buyers Got It Done in 1981
  • What Goes Up Must Come Down: The Pandemic Era’s Hottest Markets Are Leading the U.S. in Price Reductions
  • Monthly Asking Rents Declined for Fourth Month

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