Will Home Prices Stay Inflated in 2022?

There's a reason homebuyers have struggled to purchase properties this year. Home prices have soared on a national level, and they don't appear to be slowing down.

During the third quarter of 2021, U.S. home prices rose 18.5% from the third quarter of 2020, according to the Federal Housing Finance Agency House Price Index. And last quarter, home prices were up 4.2% compared to 2021's second quarter.

Now the good news -- at least for prospective buyers and real estate investors -- is that inflated home prices shouldn't last forever. But will prices remain high in 2022? Here's what we know.

Continue reading

Source Fool.com