Barrons.com
Home Prices Could Level Out in 2023, Redfin Says. What Could Make Them Drop.
As the housing market cools down from its red-hot pandemic pace, Redfin economists foresee home prices flattening or rising modestly next spring. It would take more than just higher mortgage rates to send prices lower, says the brokerage’s chief economist. Redfin economists expect national home prices to be flat to 4% higher in the spring of 2023 compared with the year prior, due to slowing or negative economic growth and rising unemployment.
