US home prices are set to tumble as demand 'craters', economist warns - Markets Insider
7/26/2022 12:00:00 AM2 years 9 months ago
by Harry Robertson
by Harry Robertson
"The next few months will be very tough" for the US housing market, economist Ian Shepherdson told clients Tuesday, as fears of a major crash grow.
US home prices are already falling and are about to drop even more sharply as demand for new houses "craters", according to an economist at the consultancy Pantheon Macroeconomics. "Single-family ho… [+2867 chars]
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