Housing Forecast for Remainder of 2023

Housing market Forecast

Some Highlights

  • Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.
  • Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation continues to cool.
  • Even though low inventory continues to be a challenge, experts project 5 million homes will still sell this year. That pace should pick up if rates come down.

Holliston is currently seeing 4.7% increase in the average home Sale Price since this time last year!!  It averages 14 days to get an Offer accepted in town.
All real estate is local!  Call on Vesta Real Estate if you would care to have us expand on any of this information.

Holliston Reporter
Ed Daniels

Ed Daniels

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