What Is a 1031 Exchange — and Why Real Estate Investors Use Them on PurposeIf you own rental or investment property, you’ve probably heard the term “1031 exchange” tossed
Experts Increase 2022 Home Price Projections
Dated: August 17 2022
Views: 43
Experts Increase 2022 Home Price Projections
If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price appreciation from their original 2022 forecasts (shown in green in the chart below):
As the chart shows, most sources adjusted up, and now call for more appreciation in 2022 than they originally projected this January. But why are experts so confident the housing market will see ongoing appreciation? It’s because of supply and demand in most markets. As Bankrate says:
“After all, supplies of homes for sale remain near record lows. And while a jump in mortgage rates has dampened demand somewhat, demand still outpaces supply, thanks to a combination of little new construction and strong household formation by large numbers of millennials.”
Knowing that experts forecast home prices will continue to appreciate in most markets and that they’ve actually increased their original projections for this year should help you answer the question: will home prices fall? According to the latest forecasts, experts are confident prices will continue to appreciate this year, although at a more moderate rate than they did in 2021.
Bottom Line
If you’re worried home prices are going to decline, rest assured many experts raised their forecasts to say they’ll continue to appreciate in most markets this year. If you have questions about what’s happening with home prices in our local area, let's connect.
Tammy Woodbury
Tammy has been in the Upstate of South Carolina for over 30 years and has practiced real estate for 2 decades. Her business partner, Scott, is also her husband. They founded their Real Estate team, Th....
Latest Blog Posts
🧠The 1031 Exchange Mistake TO AVOID SO YOU DON'T LOSE THOUSANDS OF DOLLARSWe work with tons of 1031 Exchange clients, and they know our big rule is...ENGAGE EARLY with your QI. If you don't know
If you’re one of the thousands of homebuyers who have been "waiting for the interest rates to drop," you should know it’s already happening so it's your time to shine! And rates recently
The Benefits of Downsizing When You RetireIf you’re taking a look at your expenses as you retire, saving money where you can has a lot of appeal. One long-standing, popular way to do that is&
© 2026 The data relating to real estate for sale on this web site comes in part from the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Lisitngs Services of South Carolina, Inc. This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information.
Information deemed reliable but not guaranteed.
Property information provided courtesy of the Internet Exchange Program of the Greenville Association of Realtors.
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is updated as of September 25, 2026 2:49 PM UTC
