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Boom Towns and ‘Zoom Towns:’ NAR Experts Predict 2023
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Looking at everything from national mortgage rates to specific “Real Estate Markets to Watch in 2023,” NAR said they are anticipating a significant overall decline in home sales next year (down 6.8%), with prices staying essentially flat at a 0.3% gain. Rent prices are expected to continue growing swiftly at 5%, and overall GDP to remain somewhat depressed at 1.3%...
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