Friday, December 9, 2022

10 Markets Where Home Prices Could Plummet by up to 24%

Home in Pocatello Idaho
Rigucci / Shutterstock.com

Prepare for a big drop in home prices in 2023. That is the message from Mark Zandi, Moody’s Analytics chief economist. He recently told Fortune that home prices are likely to decline by 10% nationwide. When seasonally adjusted, U.S. home prices sank 2.2% between June and September, placing that period in a tie for the second-biggest home price correction since World War II, according to Fortune.



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