2022 third-quarter housing trends: Rates may stabilize, but prices remain high

The third quarter of the year has brought a few surprises to the housing market so far, including a slight dip in mortgage rates and signs of falling home sales.

But the near-term future looks relatively predictable to many experts, who foresee slightly lower or stabilized mortgage rates, relatively high home prices and lingering supply issues despite an uptick in inventory. Industry insiders are also mindful of a possible recession, which could alter prospects for the rest of 2022. READ MORE


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