Since the pandemic began, housing prices have gone up, home shortages have increased, and interest rates have risen. Some changes have been purposeful, like the Fed raising rates to battle inflationary pricing. Others have been outside the realm of predictability.

Even experts in the field have changed their housing market predictions over the past few months. This isn’t surprising, as the numbers in front of us seem contradictory. Mortgage interest rates are down even as the Fed is hiking rates, and homebuilders are slowing their pace despite a housing shortage.

While it’s all a bit chaotic, there are some underlying explanations. The immediate future may not be so rosy.

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https://www.forbes.com/sites/qai/2022/11/29/real-estate-trends-are-we-headed-for-another-housing-market-crash/?sh=86db44b7dcbc