What the housing market correction will do to home prices in 2023

Econ & Housing, The Daily Buzz

There’s no doubt about it: The Pandemic Housing Boom was an inflationary engine. Elevated homebuyer demand during the pandemic simply overwhelmed inventory. It translated into fierce bidding wars and double-digit home price growth. Soaring home prices gave landlords an opening to jack up rents. It also saw builders push homebuilding to levels not seen since…

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