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Zillow Economists Forecast Home Prices are Set to Spike by 16.4% in 2022
3 years ago
1
Homebuyers got crushed last year as home prices soared at their highest clip on record. Housing economists saw that price growth-which peaked at a year-over-year rate of 20% last year-as simply unsustainable. Their economic models agreed: Among the seven forecast models reviewed by Fortune heading into 2022, every single one predicted home price growth would slow significantly this year.
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