Tag: Housing Market cooldown
Chinese Housing Prices Decline at Accelerating Rate in December, Study Finds
Housing prices in China fell at an accelerating rate in December, a private study revealed on Sunday. This is largely believed to be the effect of a rise in Covid-19 cases across the country which has resulted in disruptions to economic activities.
According to the...
Goldman Sachs Forecasts Decline in Home Prices in 39% of U.S. Cities Next Year
With the U.S. housing market cooling down this year following mortgage rate hikes and record home appreciation, economists at Goldman Sachs expect significant price falls in 39% of metropolitan areas in the United States in 2023.
As stated by analysts in the Goldman Sachs’...
Housing Market Getting Back to Normal Experts Say
According to experts, surging inflation and fears of recession have caused the U.S. housing market to get back to normal. This follows a prolonged period of high demand and sky-rocketing prices.
According to DLB Financial Services CEO Debbie Boyd, the current state of the U.S....