Real Estate Market: 2022 Trends and 2023 Projections
2022 Housing Market Trends Housing market prices have increased over the past decade by 90.0%. The fastest rate of appreciation took place during the pandemic. Housing market prices have increased by 41.3% over the past three years. In 12 months, market prices have increased 13.5%. We will continue to see prices increase, as interest rates will weigh on mortgage applications. Prices will be higher, but may increase at a slower rate than ...