2022 State of Housing Market Report in the U.S. | Huntsville, Al Real Estate News
Posted by Matt Curtis on
Housing Market in the U.S. | 2022
Real estate is at an inflection point. Harvard University just released its 2022 State of the Nation’s Market report for the housing industry. Topics that are discussed regarding the current housing market for the U.S. in 2022 include interest rates, housing stock, and the rapid increase in housing costs. The report also notes an inflection point in current real estate and the challenge of inventory, which is not believed to change any time soon.
Record Appreciation is Affecting the Housing Market
The report explains that we hit a record price appreciation in March, which was 20.6%, and apartment complexes are currently seeing a double-digit appreciation of 12%. With the price appreciation slowing down…
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