Don’t expect a drop in home prices in 2023, NAR economist says
Housing Wire
NOVEMBER 11, 2022
Yun, who analyzed the current state of the residential market, offered his 2023 market outlook on Friday at the NAR conference in Orlando. While the unprecedented uptick in mortgage rates led to a lack of demand from buyers, it has also acted as a deterrent for homeowners, who are hesitant to list their homes for sale in a tough market.
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