Will housing prices go down in Utah?
Utah’s housing prices continue to climb at a rapid pace, but we will have to wait and see if this is sustainable considering that mortgage rates are likely to continue rising in 2022. In 2022, we can see a decrease in the speed of price growth compared to 2021.
Are home prices dropping in Wisconsin?
Wisconsin Housing Market Overview
What is the housing market like right now? In August 2022, home prices in Wisconsin were up 9.9% compared to last year, selling for a median price.
Are house prices dropping in NJ?
Gains in home prices are expected to slow to single digit increases after two years of double-digit growth. Home prices in New Jersey rose 12% in 2020 and another 15% in 2021, according to the Otteau Group. They’re expected to increase another 5% in 2022 before declining in the next 12 to 18 months.