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Will the Pandemic Cause Home Prices to Drop? Experts Are Torn
Will the Pandemic Cause Home Prices to Drop? Experts Are Torn
By: Aly Yale, Contributor
Published on: Apr 23, 2020
It’s easy to think that home prices will drop in the coming months. After all, buyer demand is down and economic times are hard. Eventually, that has to start sending prices downward, right?
According to industry experts, it will -- but the definition of downward varies a bit. While some sources expect prices to actually decrease in the near future, others simply expect the overall appreciation rate of home prices to slow.
Still, it’s downward movement nonetheless, and if you’re on the hunt for your next investment property, it could spell serious opportunity.
Here’s a quick glimpse at what experts are saying about home prices in the coming months
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