Given the rapid and unexpected rise in home values during the pandemic, a lot of people are now wondering if housing prices will drop in 2022. Concerns of a real estate bubble and a general housing market crash have become common. among home buyers and industry professionals alike.
Many are wondering: Will home prices drop in 2022? Or will the upward trend continue?
While no one can make such a prediction with complete accuracy, it seems highly unlikely that housing prices in the U.S. will drop 2022. In fact, a spate of recent forecasts predicted that home values would continue to climb through this year and into next.
However, many analysts do expect to see smaller price gains next year, compared to 2020 and the first half of 2021. That seems to be the general consensus outlook among housing researchers.
Will Home Prices Drop in 2022?
We reviewed a group of recent housing market forecasts to determine what analysts expect in…