- Moody’s economists expect US home prices to fall by around 4.5% in the years ahead.
- But some markets will see worse declines than others amid low affordability and inflated values.
- Home prices in cities like Provo, Utah and Clarksville, Tennessee will fall most, Moody’s says.
Some housing markets around the US are in for a rough few years.
According to Matthew Walsh, an economist at Moody’s focused on housing, national home prices are due to decline to the tune of about 4.5% in the near future, following a 40% surge since 2020. But some metropolitan areas in particular will face even steeper declines.
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