Home Price Forecasts Revised for 2023 [INFOGRAPHIC]

<article class="post-792260 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-792260"><span class="entry-date">September 8, 2023</span><div class="entry-header center-block text-center"><h1 class="entry-title">Home Price Forecasts Revised for 2023 [INFOGRAPHIC]</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=Home+Price+Forecasts+Revised+for+2023+%5BINFOGRAPHIC%5D&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fhome-price-forecasts-revised-for-2023-infographic%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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</div></div><div class="post-tax post-category"><span></span><a href="../category/realtor-blog/index.html" rel="tag">Realtor Blog</a></div><div class="post-tax post-post_tag"></div></div><div class="entry-content"><div><img alt="Home Price Forecasts Revised for 2023 [INFOGRAPHIC] Simplifying The Market" decoding="async" loading="lazy" src="https://media.agentaprd.com/sites/222/Home-Price-Forecasts-Revised-for-2023-KCM-Share.webp" style="display: block; margin-bottom: 5px; clear: both; max-width: 100%;" width="358"/>
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<h3>Some Highlights</h3>
<ul>
<li>Last year, some <a href="https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-aug-2023.pdf" rel="noopener noreferrer" target="_blank">housing</a> experts <a href="https://www.fanniemae.com/media/48726/display" rel="noopener noreferrer" target="_blank">projected</a> a decline in home <a href="https://twitter.com/NewsLambert/status/1671900591113609216" rel="noopener noreferrer" target="_blank">prices</a> by the end of 2023. But that didn’t happen – inventory was just too <a href="https://www.simplifyingthemarket.com/2023/08/25/todays-housing-market-has-only-half-the-usual-inventory-infographic/" rel="noopener noreferrer" target="_blank">low</a>.</li>
<li>While it’s normal for <a href="https://twitter.com/NewsLambert/status/1671556169712672768" rel="noopener noreferrer" target="_blank">experts</a> to re-forecast throughout the year, the <a href="https://www.zillow.com/research/housing-market-challenges-32923/" rel="noopener noreferrer" target="_blank">good news</a> for 2023 is that <a href="https://www.simplifyingthemarket.com/2023/09/05/expert-home-price-forecasts-revised-up-for-2023/" rel="noopener noreferrer" target="_blank">prices</a> are no longer <a href="https://twitter.com/NewsLambert/status/1686959362563092480" rel="noopener noreferrer" target="_blank">projected</a> to decrease.</li>
<li><a href="https://www.simplifyingthemarket.com/2023/08/23/why-you-need-a-true-expert-in-todays-housing-market/" rel="noopener noreferrer" target="_blank">Connect</a> with your trusted real estate agent to find out what’s <a href="https://twitter.com/NewsLambert/status/1691799764466008217" rel="noopener noreferrer" target="_blank">happening</a> with home <a href="https://pulsenomics.com/surveys/#home-price-expectations" rel="noopener noreferrer" target="_blank">values</a> in your local area.</li>
</ul>
<p></p>
<p><strong>Sources</strong></p>
<p><strong> </strong></p>
<ul>
<li><a href="https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-dec-2022.pdf" rel="noopener noreferrer" target="_blank">https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-dec-2022.pdf</a></li>
<li><a href="https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-aug-2023.pdf" rel="noopener noreferrer" target="_blank">https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-aug-2023.pdf</a></li>
<li><a href="https://www.fanniemae.com/media/45801/display" rel="noopener noreferrer" target="_blank">https://www.fanniemae.com/media/45801/display</a></li>
<li><a href="https://www.fanniemae.com/media/48726/display" rel="noopener noreferrer" target="_blank">https://www.fanniemae.com/media/48726/display</a></li>
<li><a href="https://twitter.com/NewsLambert/status/1671900591113609216" rel="noopener noreferrer" target="_blank">https://twitter.com/NewsLambert/status/1671900591113609216</a> (Morgan Stanley)</li>
<li><a href="https://twitter.com/NewsLambert/status/1671556169712672768" rel="noopener noreferrer" target="_blank">https://twitter.com/NewsLambert/status/1671556169712672768</a> (AEI)</li>
<li><a href="https://www.zillow.com/research/data/" rel="noopener noreferrer" target="_blank">https://www.zillow.com/research/data/</a></li>
<li><a href="https://www.zillow.com/research/housing-market-challenges-32923/" rel="noopener noreferrer" target="_blank">https://www.zillow.com/research/housing-market-challenges-32923/</a></li>
<li><a href="https://ustoday.news/a-20-drop-in-house-prices-7-forecast-models-tend-to-crash-here-the-other-13-models-show-the-housing-market-in-2023/" rel="noopener noreferrer" target="_blank">https://ustoday.news/a-20-drop-in-house-prices-7-forecast-models-tend-to-crash-here-the-other-13-models-show-the-housing-market-in-2023/</a> (Wells Fargo)</li>
<li><a href="https://twitter.com/NewsLambert/status/1686959362563092480" rel="noopener noreferrer" target="_blank">https://twitter.com/NewsLambert/status/1686959362563092480</a> (Wells Fargo)</li>
<li><a href="https://twitter.com/NewsLambert/status/1691799764466008217" rel="noopener noreferrer" target="_blank">https://twitter.com/NewsLambert/status/1691799764466008217</a> (Goldman Sachs)</li>
<li><a href="https://pulsenomics.com/surveys/#home-price-expectations" rel="noopener noreferrer" target="_blank">https://pulsenomics.com/surveys/#home-price-expectations</a></li>
<li><a href="https://www.corelogic.com/intelligence/us-corelogic-sp-case-shiller-index-down-by-0-5-year-over-year-in-may-but-a-turning-point-may-be-ahead/" rel="noopener noreferrer" target="_blank">https://www.corelogic.com/intelligence/us-corelogic-sp-case-shiller-index-down-by-0-5-year-over-year-in-may-but-a-turning-point-may-be-ahead/</a></li>
<li><a href="https://view.e.fanniemae.com/?qs=dd7a875aaf273bf9cc0d451ff7cd4bec791f29b000f7916b3935d94770ed1f009af1072ee8400b8d3d40310113be33e6106c9aea71d7b22fbb87ad26bbcfe90630f1ef8f04bd2f7b7576e1b494263bf85f1ae4e4ba224216" rel="noopener noreferrer" target="_blank">https://view.e.fanniemae.com/?qs=</a></li>
</ul>
</div>
</div></article>