2017 Forecast: Housing to Downshift as Election Realities Set In
Housing is expected to downshift next year as the post-election economy sets in, driven by a deceleration in home price growth, according to realtor.com®’s recently released 2017 housing forecast. The forecast projects home prices nationally growing at a rate of 3.9 percent, down from 2016’s 4.9 percent estimate, and an appreciation slowdown of 1 percent or more in nearly half of the U.S.’ top 100 metropolitan areas.
“Multiple factors are coming together,” says
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