National Home Sales To Decline In 2023
- Seattle, Portland, San Francisco
- 2023/02/01
It is forecasted that 4.78M existing homes will be sold nationally, and prices will remain stable. Home sales are expected to ↓ 6.8% compared to 2022. And the median home price will reach $386K, ↑ 0.3% from ~$384K. It is predicted that foreclosure rates will remain at historically low levels, comprising ~1% of all mortgages.
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