HomeMarketsU.S. Economy & JobsAffordability Will Be The Main Driver Of the Market In 2023

Affordability Will Be The Main Driver Of the Market In 2023

Zillow's monthly home value forecast expects home prices to remain close to flat, says Jeff Tucker. He examines the state of the housing market. He talks about the impact of rising rates on mortgage rates. He notes that affordability will be the main driver of the market in 2023. He also goes over how we expect to see more rental inventory hit the market next year. Finally, he says that overall, we expect affordability challenges to stabilize, and possible improve a bit. Tune in to find out more about the stock market today.

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04 Jan 2023

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