Housing Boom Loses Steam? Home Sales May Drop 25% by the End of Summer, Says Analyst
Fortune, Mar. 22, 2022–Chris Morris
The prediction is based upon data from the Mortgage Bankers Association that shows an 8% decline in loan applications. That comes as the average monthly mortgage payment has increased by over $400 per month.
https://fortune.com/2022/03/22/housing-boom-slowdown-home-sales-drop-25-percent/