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Fortune: What home prices will look like in 2023, according to Fannie Mae

Fortune, March 7, 2022, What home prices will look like in 2023, according to Fannie Mae

Next year, Fannie Mae projects home prices will rise 4.2%—with the median existing home price jumping to $395,000.

“The effect of buyers being priced out should mean fewer bidding wars and slower house price appreciation,” wrote Fannie Mae economists in their latest outlook.

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