What’s the Outlook for Housing Market Potential for the Rest of 2022?
Housing market potential sagged to its lowest point since May 2020 in September, falling 3.6% from August to an estimated 5.38 million at a seasonally adjusted annualized rate (SAAR). Year over year, the market potential for existing-home sales is down 16.7%. Market dynamics and the broader economic outlook have changed dramatically in the last 12…
