Tag Archives: hypergrowth

Will there be a housing market correction in 2022 after two years of ‘hyper-growth’?

High-stakes bidding wars. All-cash offers. Limited supply. After two years of scorching growth in the U.S. housing market, will there be a cool-down and possibly a fall in sales and prices in 2022, along with a return to some normalcy? Um, not exactly, several housing experts tell USA TODAY. “Home sales are likely to be slightly lower in 2022 from the anticipated rise in mortgage rates. Home prices, meanwhile, will continue to rise due to the ongoing housing shortage even as demand is clipped a… Source link

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