✉news BusinessReal Estate first seen 11 h ago, last 3 h ago, peak #18
Economist warns house prices could fall 15%
Original: Could house prices fall 15%? This economist says yes
An economist is forecasting that house prices could drop by as much as 15%, according to a report from Mortgage Professional America. The prediction stands out because most forecasts anticipate a far milder correction, and a decline of that size would wipe out significant equity for recent buyers. The warning is drawing attention from homeowners, buyers and industry watchers weighing what it would mean for mortgages and affordability.
Why now: Concerns about a housing correction are mounting as high rates and affordability strain persist.
Evidence
- Could house prices fall 15%? This economist says yes · mpamag.com
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