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The Future of Home Prices: Experts Warn of Regression and Decline

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Source: Business Insider
The Future of Home Prices: Experts Warn of Regression and Decline
Photo: Business Insider
TL;DR

Goldman Sachs predicts that home-price growth in the US will slow down due to high mortgage rates, leading to decreased affordability. Despite a recent increase in home prices, the report warns that this is based on lagging data and does not account for the current higher mortgage rates. The 10 cities experiencing the most regression in home prices include Washington, DC and Dallas.

Topics:businessreal-estate#affordability#goldman-sachs#home-prices#mortgage-rates#real-estate#regression
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  1. Goldman Sachs: 10 Cities Where Home-Price Growth Is Regressing Most  Business Insider
  2. US home prices still face a 'steep and sustained' decline this year, economist warns  Fox Business
  3. Housing Market Crash Averted? Perhaps — But Not So Fast, Experts Say  Yahoo Finance
  4. Home Prices in South, East Likely to Stabilize  RisMedia.com
  5. Housing market affordability is so out of whack that ‘the bulk of the drop in home prices is yet to come,’ says Pantheon Macroeconomics  Fortune
  6. View Full Coverage on Google News

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