2022 Outlook for Home Sales
2022 Outlook for Home Sales
As the latest coronavirus variant remains a wild card for the housing market, real estate experts are still predicting a mostly lively year for home sales in markets across the country.
However, home shoppers may find some relief for escalating home prices, which have been trending with double-digit increases over the past year. Lawrence Yun, chief economist of the National Association of REALTORS®, said earlier this week in a housing report that home prices likely will increase at a “gentler pace” over the next several months.
Realtor.com® released its 2022 housing forecast, and the following are its predictions for home sales and home prices for the nation’s largest housing markets.
Source:
©National Association of REALTORS®
Reprinted with permission
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