Goldman Sachs predicts a 3.8% rise in national home prices for this year, attributing it to supportive demographic trends, a healthy labor market, and the balance between supply growth and demand. Moody's anticipates an increase in housing supply from more existing homeowners selling due to various reasons, along with lower mortgage rates influencing demand.
While Goldman Sachs forecasts national home prices to align closely with historical averages, Moody's predicts a period of sideways movement. Both acknowledge the potential for regional variations and corrections in home prices despite their national outlooks.
#home-price-forecasts #regional-market-analysis #supply-and-demand-dynamics #economic-factors #housing-market-trends
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