2022 Real Estate Forecast: Experts Weigh In

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2022 real estate outlook

As we ring in the New Year, let's take a last look at some 2021 real estate milestones, and some predictions for 2022 from industry experts:

2021 Lookback
In 2021 the average home price skyrocketed nearly 20% year over year, according to the Federal Housing Finance Agency (FHFA). This increase marks the largest annual price growth in the history of the agency’s home price index. And, in some of the hottest markets across the country the price increase was double that!

Despite the higher prices, in 2021 homes sold at a record pace, with mortgage rates and inventory levels hitting all-time lows and demand for homes surging.

2022 Predictions

While 2022 will bring more strong headwinds for homebuyers, it looks like the tailwinds will continue to benefit builders and real estate investors.

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