If you thought home prices couldn’t go any higher, hold on to your hat: Goldman Sachs (GS) economists are forecasting even more price increases in the year ahead.
“Our model now projects that home prices will grow a further 16% by the end of 2022,” wrote a Goldman Sachs team of economists led by Jan Hatzius in a recent note.
“Of all the shortages afflicting the U.S. economy, the housing shortage might last the longest,” he said.
Home prices are currently up 20% year-over-year. The boom in…
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