Will house prices go down in CA in 2022?
California Housing Forecast
C.A.R.’s “2022 California Housing Market Forecast” predicted a 5.2% decline in existing single-family home sales to 416,800 units, down from the projected 2021 sales estimate of 439,800 units. Their forecast for California median home prices was for a rise of 5.2% to $834,400 in 2022.
Are real estate prices dropping in Mexico?
The median home price in Mexico was 881,000 pesos ($44,000) as of June, according to a report by Sociedad Hipotecaria Federal, a government financial agency. Home prices are up 8% from last year.
Is buying a house in New Mexico a good investment?
As New Mexico’s economic and business hub, it’s a desirable location for investors. The cost of living is low and the real estate prices are affordable.