National Housing Forecast 2020: Housing markets search for new balance
– Home price growth will flatten, with a forecasted increase of 0.8 percent
– Inventory will remain constrained, especially at the entry-level price segment
– Mortgage rates are likely to bump up to 3.88 percent by the end of the year
– Tight inventory and rising mortgage rates will lead to dropping sales
– Buyers will continue to move to affordability, benefiting mid-sized markets

For a Full Article please visit: 
https://www.realtor.com/research/2020-national-housing-forecast/

2020 Housing Market Predictions – Realtor.com
by George Ratiu

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