Fewer Americans than ever before believe now is a good time to buy a house
At the same time, a smaller share of Americans expect home prices will increase, with 56% saying home values in their area will rise in the coming year. That's down from 70% in 2022 and 71% in 2021.. However, Pantheon Macroeconomics' Ian Shepherdson recently forecast a price drop of 15% if the US falls into a recession this year.
Despite the prevailing pessimism towards the housing market, a separate Gallup poll previously found that real-estate continues to be Americans' leading choice for
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