Will Home Prices Fall This Year? Here’s What Experts Say.
Real Estate
Real Estate
“Price appreciation averaged 15% for the full year of 2021, up from the 2020 full year average of 6%.”
“While house price growth is expected to moderate from the rapid pace of 2021, strong home buyer demand against a backdrop of historically tight inventory of homes for sale will likely keep appreciation positive in the coming year.”
“If you’re thinking about waiting until next year and that maybe rates are higher, but you’ll get a deal on prices – well that’s risky. It may be more advantageous to purchase this year relative to waiting until 2023 at this time.”
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