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The nation’s housing market is on a correction course

Housing Wire

The Fannie Mae report projects “strong deceleration in home-price growth going forward” due to higher mortgage rates and the overall slowing economy affecting purchase demand. Although house-price appreciation will grow at a more moderate rate, home prices [still] remain high relative to homebuyer incomes. The Beige Book.

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Raleigh Real Estate Trends + Forecast for 2022

Raleigh Realty

More Raleigh residents live in an owned home than a rented one. As supply chain issues cause construction material prices to soar, buyers are more likely to consider purchasing a resale home vs. a new construction home. 4,840 new apartments were constructed in Raleigh throughout 2021. Statista) 78.5