jlsRelocation_logojlsRelocation_logojlsRelocation_logojlsRelocation_logo
  • Home
  • Services
  • Search Homes
  • National & International
  • Resources
    • Communities
    • Cost of Living Comparison
    • News Blog
  • Contact Us
✕
Live and Leave a Legacy
December 13, 2022
Affordable housing project rises on former Amazon HQ property
December 13, 2022
Published by jlsrelocation on December 13, 2022
Categories
  • Industry Trends
  • Uncategorized
Tags
  • Industry Trends

Photo by Jon Tyson

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

Share
0
jlsrelocation
jlsrelocation

Related posts

Photo by Morgan Lane

January 11, 2023

Here Are the U.S. Cities Where Home Prices Rose—and Fell—the Most in 2022


Read more

Photo by Randy Fath

November 14, 2022

Homebuilders say they’re on the edge of a steeper downturn as buyers pull back


Read more

Photo by Blake Wheeler

October 13, 2022

The U.S. Cities Where the Number of Homes for Sale Is Still Plummeting—by Record Numbers


Read more

Comments are closed.

© 2021 | John L. Scott Relocation