Housing affordability decline leads many homeowners to hold back on selling and buying due to higher mortgage rates, impacting the real estate market.
Goldman Sachs expects existing home sales to increase gradually from 4.1 million in 2024 to 4.5 million in 2027, significantly below previous peak sales numbers.
#boston-real-estate #goldman-sachs-predictions #existing-home-sales #housing-affordability #mortgage-rates
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