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- Goldman Sachs expects minimal growth in home prices over the next few years.
- Prices are likely to rise less than 2% this year and next, and less than 4% in 2025 and 2026.
- They may be only 4.5% above their pandemic peak, and 10.1% above their January low, by end-2026.
US home prices are poised for a historic slowdown in growth over the next few years, Goldman Sachs says.
The investment bank’s analysts expect the Case-Shiller National Home Price Index to rise just 1.3% this year, 1.7% in 2024, 2.4% in 2025, and 3.8% in 2026, Fortune reported, citing an economic forecast released on Monday. For comparison, US home prices have climbed by an average of 5.5% a year since 1976, the magazine said.
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