✉news BusinessReal Estate first seen 1 d ago, last 16 h ago, peak #1
eXp CEO expects softer housing market by year-end
Original: We will probably have a softer housing market by year-end, says eXp CEO
The chief executive of real estate brokerage eXp says the housing market will likely soften by the end of the year, pointing to cooling demand as higher borrowing costs weigh on buyers and sellers. The prediction adds to a growing chorus of industry voices cautioning that the rapid price gains of recent years are unlikely to hold through the rest of the year.
Why now: Interest rate hikes have raised expectations of a housing slowdown, making forecasts from industry leaders timely for buyers and investors.
Evidence
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