The National Association of Realtors said on Thursday that existing home sales dropped 2.4 percent in March, as the Federal Reserve’s aggressive interest rate hikes have greatly impacted the housing market. A senior economist tells NTD that a 2-percent decline in housing prices would be expected in the U.S. housing market in 2023.
2 Percent Price Decline Expected in 2023 Housing Market: Senior Economist
By Don Ma