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US home prices are projected to increase 5% this year, up from the previous forecast of 1.9%, Goldman Sachs Research’s Roger Ashworth, senior strategist on the structured credit team, and analyst Vinay Viswanathan write in the team’s report. In 2025, prices are expected to rise 3.7%, compared with the earlier forecast of 2.8%. Those forecasts are underpinned in part by signs of momentum in housing prices.
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https://www.goldmansachs.com/intelligence/pages/us-home-prices-forecast-to-climb-as-mortgage-rates-fall-in-2024.html?chl=ps&plt=bi&cid=638280346&agp=1316117710182211&kid=housing%20market&mtype=p&msclkid=cb77713ccbad18814a4014caf0889783&&msclkid=cb77713ccbad18814a4014caf0889783&utm_source=bing&utm_medium=cpc&utm_campaign=CPB_CBA_IntelligenceSourceOfChoice_UNB_NA_AMRS_USA_SEM_BING_AWR_O-44S2Z_253_2023&utm_term=housing%20market&utm_content=CPB_CBA_UNB_Intelligence_AMRS_USA_RSA_Housing&gclid=cb77713ccbad18814a4014caf0889783&gclsrc=3p.ds