On a national perspective, home prices are forecasted to increase more moderately than last year, but are not anticipated to drop.
"Prices are forecasted to climb by an average of 10.3% this year."*
Home sales forecasts have been modified to be lower this year due to inflated mortgage rates ultimately diminishing demand.
"The expectation is home sales will be more in line with pre-pandemic years."*
*Sources: Census, CoreLogic, Fannie Mae,
Freddie Mac, MBA, NAR, Pulsenomics, Zelman
Graphics Derived From: Keeping Current Matters
We hope you found this information useful. Please share this with your neighbors, friends and family, or anyone you know who may be considering a move to Las Vegas.
Contact a Coldwell Banker Premier Realty sales professional today.
