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Potential US existing-home sales in August rose 2.1% month-over-month to 5.61 million seasonally adjusted annualized rate; market potential for existing-home sales decreased 12.9% year-over-year: First American
Published: September 26, 2022 by First American Financial Corp.
Pantheon Macro expects US housing prices to fall as much as 20% from peak by mid-2023; home sales expected to drop by another 10% within next two months, as sales lag mortgage applications, which continue to fall and point to further significant declines
Published: September 23, 2022 by Forbes Inc.
John Burns Consulting: Speedy escape from housing market slump unlikely, given 85% of outstanding mortgages are locked in at sub-5% rates, with 24% at sub-3%; good luck persuading someone to relinquish 3%-4% mortgage rate when inflation is at 40-year high
Published: September 22, 2022 by John Burns Real Estate Consulting LLC
Moody's expects year-over-year US home price growth to go from 20% to 0% by September 2023, says housing market in correction, which could boost home inventory as sales volume declines; out of top 400 US housing markets, 210 are 'significantly overvalued'
Published: September 22, 2022 by USA Today Online
US existing-home sales fell 0.4% in August from July to seasonally adjusted annual rate of 4.80 million; inventory of unsold homes decreased 1.5% from July to 1,280,000, equal to 3.2 months of the monthly sales pace: NAR
Published: September 21, 2022 by National Association of Realtors (NAR)

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