As reported by HousingWire, the American Enterprise Institute’s Center on Housing Markets and Finance’s Edward Pinto gave four points he expects to see in the U.S. housing market in 2018. They are:
- The historically tight supply of single-family homes will tighten further in 2018 after hitting a record low in November 2017
- The national home price boom that began in mid-2012, will continue, and given the unprecedented low levels of inventory, will even accelerate further
- First-time buyers will face even higher home price gains for entry level homes
- First-time buyers will continue take on even more leverage in an effort to keep up with the out-sized home price gains on entry level homes
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