The housing market may begin to stable out in 2022 due to more inventory becoming available. New housing constructions will generate more supply and more homeowners will be expected to sell due to an end of mortgage forbearances.

Although more housing inventory is likely to hit the market, mortgage rates will continue to increase to 3.7% from inflation. Median home prices are expected to rise 5.7% and new-home sales are predicted to rise to 920,000 this year.


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