Forecast for the Housing Market for the Rest of 2023 [INFOGRAPHIC]

Some Highlights

• Want to discover what experts predict will happen in the remaining months of 2023? In many locations, home prices are already rising again. The expert consensus predicts favorable price rise.
• Inflation will determine the direction of mortgage rates for the rest of the year. Based on past trends, rates are projected to fall as inflation remains low.
• Despite the fact that limited inventory remains a concern, experts predict that 5 million houses will be sold this year. If interest rates fall, the pace should pick up.