Some people are worried about an upcoming housing crash in the United States.

According to April 2022 data from the S&P CoreLogic Case-Shiller Indices, “home prices continue to increase across the U.S.” In fact, there was a “20.4% annual gain in April, down from 20.6% in the previous month.”

Current Real Estate Market Conditions: Not A Repeat Of 2008

Zillow found in its June Market Report that while the market today is “more balanced” in comparison to “the pandemic-fueled rush on real estate in 2021,” the market “is still less buyer-friendly than the pre-pandemic norm in most of the country,” with monthly mortgage payments increasing “another 4.5% in June.”

To continue reading the rest of the article, please click on the source link below:

https://www.forbes.com/sites/forbesfinancecouncil/2022/07/26/we-wont-see-a-repeat-of-2008-but-the-real-estate-industry-should-still-prioritize-innovation/?sh=7bbf444133cc