“Goldman Sachs: Home prices to climb another 16% by the end of 2022”
October 18, 2021
“…The investment bank projects that home prices — already at record highs — will grow another 16% by the end of 2022. Despite price increases of 20% over the past year, the analysts at Goldman Sachs suggest that homes remain “relatively affordable” thanks to historically low mortgage rates. But continued strong demand among buyers and ongoing low inventory will keep pushing prices even higher, according to the report.
Sure, the inventory picture has improved a little since the spring, with more homes for sale and price growth moderating a bit. But Goldman’s analysts say this supply and demand imbalance is expected to continue through next year…”
https://www.cnn.com/2021/10/12/homes/us-real-estate-housing-price-growth/index.html