Tuesday, 4 October 2022 | The Latest Buzz for the Appraisal Industry

Realtor.com Predicts Q3 2022 Will See a Summer Break from Home Sales Frenzy

As rising inflation and mortgage rates bring U.S. housing demand back from the 2021 frenzy, Realtor.com‘s newly updated 2022 forecast predicts inventory will grow double-digits over 2021 and offer buyers a better-than-expected chance to find a home. Home sales will hit the second-highest level in 15 years, trailing only the 2021 pace, as rising incomes combined with higher housing costs continue to present a mixed bag of affordability issues.

The updated forecast anticipates a

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