Lawrence Yun’s Real Estate Market Forecast (and why he called out the Fed)
Broke Agent Media
MAY 10, 2023
He also expects home sales to increase in 2024 after bottoming out this year. Yun’s forecast for the commercial real estate market includes a decrease in valuations of commercial properties and a decline in total transactions. But the Fed’s rate hikes have made it even more expensive to build new construction.
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