A for sale sign outside a house in the Frankford section of Philadelphia in 2021. Higher mortgage rates will continue to affect the market nationally.

Forecast of the national housing market over the next five years

It’s been a wild ride in real estate over the past few years. After a scorching market characterized by bidding wars, low interest rates and high prices, mortgage rates hit a 20-year high, leading to a slowdown in buying activity and mortgage prices. ‘purchase. Yet with inventory still low, home prices remain high, including in …

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