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Elon Musk: House Price Declines Will Accelerate Amid High Interest Rates

"This will accelerate, as high interest rates make homes less affordable," Elon Musk said of home prices in a tweet.

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US Housing Market Forecast: Real Estate Expert Jonathan Miller

Real estate appraiser Jonathan Miller says buyers and sellers will be frustrated as prices weaken in the coming months, but only slowly and slightly.

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Home Prices Will Start Declining This Year, Senior Economist Says

Home payments as a percentage of income are higher now than during the mid-2000s as mortgage rates soar. That spells trouble for the housing market.

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Here s How Much Higher Home Prices Will Soar in 2022: Goldman Sachs

Builders will struggle as they fight labor shortages and supply bottlenecks. Millennial demand will keep prices soaring for years, the bank said.

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Home Prices Keep Rising at Record Pace — but There s Good News for Buyers

Home prices rose a record 18.1% year-over-year in August, CoreLogic said. Yet prices climbed just 1.3% that month, marking a major slowdown from July.

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