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Altos Research's Mike Simonsen on the market's 2023 bounce back

HousingWire Daily

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What Do You Think Will Happen With Home Prices and Inventory in 2023?

There aren't any signals anywhere in the data of a surge in inventory. It's hard to imagine any scenario where prices surges this year. We still have dramatically less affordable payments because mortgage rates are so much higher than we did a year ago. That leads me to assume we're at a year over year flat, 0% home price gain give or take for the year 2023.

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