While 38 percent of experts believe 2024 will be the year inventory returns to 2019 levels, 36 percent pegged 2023 as the year. The remainder believe we'll have to wait until 2025.
Economists and housing experts are split on whether sales will rise or fall in 2022, depending on the effect of worsening affordability colliding with expectations for rising inventory. In the latest Zillow Home Price Expectations Survey, 41% of participants said sales will grow this year, while 41% predicted a slowdown in sales, and 18% believe sales will remain roughly the same.
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