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A 2023 Housing Recession Will Impact These Volatile Markets First

Pro Builder

between June and October after sharp growth at the start of 2022, and though some economists saw that sudden slowdown as a clear indicator of a full-blown housing correction, Zillow’s most recent housing forecast points toward a more bullish market ahead. Here are the homebuying hotspots where prices are falling, and rising, the fastest U.S.

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The US Housing Market Is Stabilizing, but Regional Markets Are Still Skewed

Pro Builder

booming and places like San Jose, Calif., That said, under the hood, the housing market isn’t exactly normal just yet: Some housing markets are booming right now (including Scranton) while other places (including San Jose) are still passing through a home price correction. caught in correction mode. What’s going on?

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Why Charlotte Could Be the Hottest Housing Market of 2023

Pro Builder

With strong forecasted home value growth, a healthy local economy, fast-moving inventory, and a growing share of prospective buyers, Charlotte, NC is predicted to be the hottest housing market of 2023. Housing Markets. New-Home Sales. Housing Markets.

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As a Home Price Correction Spreads, These Housing Markets Are Seeing the Biggest Changes

Pro Builder

While bubbly markets like Austin, Boise, and Denver were some of the first to see local price drops nearing and surpassing 5%, the biggest price declines are taking place in high-cost tech hubs like San Francisco and San Jose, where home prices are down 7.8% and 10.6%, respectively. Housing Markets. New-Home Sales.

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Home Value Growth Slows, Potential Decline to Come

Pro Builder

Zillow’s most-recent forecast calls for a 1.8% In 27 of the nation’s 35 largest metro areas, monthly home value growth in May was slower than in April, and in five large markets (San Francisco, San Jose, Pittsburgh, Los Angeles and Sacramento), home values actually fell in May compared to April.

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U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

Buisness Facilities Contributed Content

The report forecasts a modest increase in the short term, but does not expect a small increase to cause a major disruption to the recovery. Miami, which rose to number eight in the 2014 forecast from 12 th and 17 th place in 2013 and 2012, respectively, is benefiting from South American investment.

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BUSINESS REPORT: Ontario Unveils Plans To Achieve An Energy Balance

Buisness Facilities Contributed Content

The forecasted 2025 electricity production mix: 42 percent nuclear, 46 percent renewables, and 12 percent natural gas. Ontario is aiming to use Demand Response (DR) to meet 10% of peak demand by 2025, equivalent to approximately 2,400 megawatts (MW) under forecast conditions.

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