US home prices falling 15% looks “conservative”: KPMG

by | Nov 17, 2022 | 0 comments

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An economist is predicting home prices could decline much more than anticipated as the housing bubble begins to pop.

A 15 percent drop in home prices for next year is “very conservative,” KPMG chief economist Diane Swonk told Fortune. Swonk’s forecast comes as the market’s correction from the pandemic-era frenzy has come into focus in recent months.

 

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