What are Experts Predicting For Home Values in 2023

Experts Prediction About Home Prices in 2023 As a potential home seller, you might be interested in experts' predictions about home prices in 2023. Therefore, today, Rich Barnes, the best real estate agent in West Allis, WI, will put a light on it. For those asking whether 2023 will be an excellent time to sell, the answer is YES! Real estate experts predict home prices to continue to escalate by 2.5% in 2023. According to experts, two things are causing home prices to continue to increase next year. First, we are still in a seller's market considering the supply of homes on the market. Second, millennials are now moving into their home-buying peak years. Experts are also predicting a stronger spring market in 2023. With interest rates coming slightly down, buyers sitting on the sidelines will jump back into the market. Of course, keep in mind these are all predictions and it is best to consult your agent for an accurate analysis of the local market. If you are