4 Housing Market Predictions from Realtor.com Chief Economist
Realtor.com Chief Economist Danielle Hale shared her predictions on several housing-related topics on a recent episode of the Knowledge Brokers Podcast.
January 17, 2024
Realtor.com Chief Economist Danielle Hale shared her predictions on several housing-related topics on a recent episode of the Knowledge Brokers Podcast.
The July 2023 Rental Report from Realtor.com shows rent prices dropping year over year for the third straight month as rental supply increases. July also marks the first annual rent price decline for studio units since 2020.
Realtor.com released its May Rental Report, which shows a 0.5% annual decline in the median asking rent—particularly for two-bedroom units—and economists predict continued rent declines, with an average drop of -0.9% for 2023.
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