ລາຄາເຮືອນອາດຈະຫຼຸດລົງໄວ, ແຕ່ມັນຂຶ້ນກັບເພື່ອນບ້ານຂອງເຈົ້າ

Buyers waiting on the sidelines to ຊື້ເຮືອນ are waiting for two things to happen: A reduction in mortgage interest rates, and a reduction in home values.

ໃນຂະນະທີ່ Federal Reserve’s hikes to their Fed Funds rate will determine where interest rates go, the expected reduction in home values largely relies on their owners.

ອີງ​ຕາມ Kieran Clancy, senior US economist at Pantheon Macroeconomics, the rate of decrease in home values might accelerate if previously reticent sellers begin flooding the market with additional inventory in an effort to avoid further price declines.

ອ່ານຍັງ: ຕະຫຼາດທີ່ຢູ່ອາໄສໃນປີ 2023 ຈະເກີດອຸປະຕິເຫດບໍ?

Clancy emphasized that although home sales and construction have significantly changed to reflect the collapsed demand, home prices still have a long way to go.

If you’re a would-be home buyer on the sideline, you can generate passive income on rental properties while you wait. Here’s how to invest as little as $100 and be paid out on a quarterly basis.

Home prices have just lately begun to trend downward on a monthly basis due to a lack of supply, Clancy said in a note, “but inventory is already creeping higher as many previously reluctant sellers start to worry that their home will fetch a much lower price if they continue to wait to sell.”

In October, the number of homes sold in the U.S. fell for the ninth consecutive month as purchasers withdrew from the market due to rising mortgage rates and high prices.

According to a National Association of Realtors survey, sales of existing homes were down in October compared to a year earlier and down 5.9% from September.

There were decreases in every region of the US both month over month and year over year.

That was the longest stretch of dropping sales ever recorded, dating back to 1999, and it continues a trend that started slowing in February.

Sales in October fell to their lowest level since May 2020, during the pandemic lockdowns, when the housing market was at a standstill. Apart from that, sales last month were the lowest since December 2011.

ເລື່ອງຍັງສືບຕໍ່

ອ່ານຍັງ: The Fed Is Crushing The Housing Market, Not Inflation

“That trickle of supply could quickly become a flood, though, increasing the speed — if not the ultimate depth — of the decline in home prices,” Clancy said. “We think prices need to drop by about 20% from their spring peaks in order to reach a sustainable level.”

ເພື່ອອ່ານກ່ຽວກັບການພັດທະນາຫລ້າສຸດໃນອຸດສາຫະກໍາ, ໃຫ້ກວດເບິ່ງ Benzinga’s real estate home page.

ຢ່າພາດການແຈ້ງເຕືອນແບບສົດໆໃນຫຸ້ນຂອງເຈົ້າ – ເຂົ້າຮ່ວມ Benzinga Pro ສໍາລັບການຟຣີ! ລອງໃຊ້ເຄື່ອງມືທີ່ຈະຊ່ວຍໃຫ້ທ່ານລົງທຶນຢ່າງສະຫຼາດຂຶ້ນ, ໄວຂຶ້ນ, ແລະດີກວ່າ.

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