Home sales are going to nosedive in 2023, Fannie Mae says
Housing Wire
OCTOBER 12, 2022
The forecast for the housing market in 2023 gets worse by the month, with the latest report predicting a million-plus decline in existing home sales. The slowing effect on the housing market of the higher mortgage rate environment has been largely predictable, and home prices appear to have already begun trending downward.”.
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