Highlighting Factors That May Help Stabilize the Market
- Seattle, Portland, San Francisco
- 2023/03/24
Economists are warning of the downside risks in the US housing markets. The risk of a deep global housing slide persists, according to the experts. The US house price-to-income ratio in 2022 surpassed its peak level hit during the 2000s housing bubble. To bring the market in line with its fundamentals, economists say home prices would need to ↓ 19.5%.
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