Will Home Prices Fall in 2022? The Housing Market Forecast is Correct
According to Joe Fairless, The short answer to the question "Will house prices fall in 2022?" is no. The housing market in the United States is booming, but demand is outstripping supply. While there will still be a scarcity of homes, price growth will be moderate. There will also be more inventory than demand. While the current housing shortage is expected to last until the end of the year, more homes will be built during the spring and summer of 2022. The short answer to the question "Will house prices fall in 2022?" is "yes." Since the last recession, the housing market has seen rapid price growth, and it is expected to reach $43.4 trillion by 2022. This translates to a more stable housing market for both buyers and sellers. In other words, the current real estate boom is likely to fade and home prices will level off. But this does not imply that the housing market will remain stagnant. It is difficult to predict whether home prices will fall or remain