The Impending US Home-Price Crash

Posted: June 1, 2023 | Source:

Although home prices have fallen 1.7% since early 2022, experts say there is very little evidence that a crash is on the horizon. Any significant reduction in home prices would require substantial reductions in demand and significantly higher inventory. According to the National Association of Realtors, 73% of homes sold in April were on the market for less than a month. And sellers do not seem eager to give up their low interest loans on their current homes.