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By Ben Ayers

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Podcast: Outlook for the Housing Market

March 3, 2023

Last year the housing market was pummeled by the sharp rise in mortgage rates. Demand conditions still look quite dour in 2023, especially with loan rates projected to remain higher for some time. Can we expect housing activity to bottom out soon? What could that mean for home values? Nationwide’s Senior Economist Ben Ayers and Economist Daniel Vielhaber provide their outlook on the housing sector, sharing their analysis of market conditions as we head into the spring selling season.

Listen now:

Nationwide market insights 3.3.23

Citations/Disclaimers

  • The information in this report is provided by Nationwide Economics and is general in nature and not intended as investment or economic advice, or a recommendation to buy or sell any security or adopt any investment strategy. Additionally, it does not take into account any specific investment objectives, tax and financial condition or particular needs of any specific person.

    The economic and market forecasts reflect our opinion as of the date of this report and are subject to change without notice. These forecasts show a broad range of possible outcomes. Because they are subject to high levels of uncertainty, they will not reflect actual performance. We obtained certain information from sources deemed reliable, but we do not guarantee its accuracy, completeness or fairness. Nationwide, the Nationwide N and Eagle, and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company. © 2022 Nationwide

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