Forecasts See Significant Slowing in Home Prices

Reports from Fitch Ratings, New York, and Veros Real Estate Solutions, Santa Ana, Calif., forecast sharp declines in home price appreciation over the next year.

Veros: Home Price Appreciation Could Be Cut in Half

Veros Real Estate Solutions, Santa Ana, Calif., said its upgraded forecast calls for home price appreciation to fall to just half of its current rate over the next 12 months.

Housing Market Roundup, July 6 2022

Here is a summary of recent housing, market and economic reports that have come across the MBA NewsLink desk:

Veros: Slightly Slower Home-Price Growth, Still-Booming Market in 2022

Veros Estate Solutions, Santa Ana, Calif., released its Q4 2021 VeroFORECAST data, projecting home prices will appreciate on average 6.8% for the next 12 months—slightly less anticipated growth compared to its third quarter predicted national average appreciation of 7%.

Veros: Home Price Gains to Roll into 2022

Veros Real Estate Solutions, Santa Ana, Calif., said home price appreciation shows no signs of slowing as 2022 approaches.

Other Home Price Forecasts: Full Steam Ahead—Maybe

Add Veros Real Estate Solutions, Santa Ana, Calif., to the list of forecasters who say home price appreciation won’t let up any time soon. And add Fitch Ratings, New York, to those saying the home price train can’t run forever, with some markets highly overvalued.