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2022 Housing Market Predictions

Updated: Jan 6


Prediction #1:

Mortgage rates will increase gradually throughout the year to 3.6%. This will bring home price appreciation down to earth.

Prediction #2:

New listings will hit a 10 year high, which will hardly impact the supply shortage.

Prediction #3:

Rents will increase by 7%.

Prediction #4:

Home buyers will relocate to affordable cities like Columbus OH, Indianapolis and Harrisburg PA, over the Sun Belt states.

Prediction #5:

People will continue to move with her feet, moving to places that will align with their politics.

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Content by Cay Bohnsack and Carly Ferry Escondido Realtors®