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Housing Market Crash: 20% Downside for Home Prices in 2023, KPMG Says

US Housing Market Outlook

Published Feb 02 '23

Prediction

According to KPMG economist Yelena Maleyev, the downward trend could just be getting started. Maleyev, who focuses on the housing market, told Insider last week that she believes home prices around the US could fall as much as 20%. KPMG Chief Economist Diane Swonk also made this forecast in her 2023 outlook commentary.

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