Existing home sales continue to decline in 2023
In January, the seasonally adjusted sales pace for existing homes dropped 0.7% from December to a pace of 4.00 million, among the lowest readings in 12+ years.
In January, the seasonally adjusted sales pace for existing homes dropped 0.7% from December to a pace of 4.00 million, among the lowest readings in 12+ years.
Experts from the Urban Institute, the Lincoln Institute of Land Policy and Housing Finance Strategies offered their takes on where the housing affordability crisis is heading.