Housing Market Predictions For 2023: Home Prices Set To Fall For The First Time In A Decade

The steep collapse in home sales spurred by rising interest rates will continue into next year and lead to the housing market’s first yearly price decline in a decade, real estate brokerage Redfin reported Tuesday, and though the downturn may not rival the one spurred by the Great Recession, other expert predictions are calling for significant declines as high as 20%. READ MORE…