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What are the price predictions for next summer? I keep hearing prices are going down but are they going down to stay down or will they go back up ?

How do I find out what a certain market will be in June 2023?

Will the prices be lower than they are today?

I found research that said they would go down but it didnt say what time period they were talking about and what they were comparing it to.

For example, if they are going down and will be lower in January, lower than they are today but then they would go back up and end up being the same price as they are today in June 2023 then when they say "prices are going down" that doesnt really answer what I'm looking for.

What I'm looking for is the answer to my question of will the prices likely be lower in June 2023 compared to prices today July 2022? Or will they be about the same comparing July 2022 to June 2023?

submitted by /u/illjustbemyself
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source https://www.reddit.com/r/RealEstate/comments/wb0aug/what_are_the_price_predictions_for_next_summer_i/
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