Home prices in the US may fall by 20 percent and may lead to a larger crash as the affordability crisis worsens, Dallas warned.
The average home price has significantly risen since 2020 when several people chose to sell their homes and relocate to suburban areas. But now, several areas including Austin, Texas and Phoenix, Arizona, are expected to see a
The Dallas Federal Reserve credited a 19.5 percent correction due to the ongoing house-price-to-rent ratio and affordability crisis. The house-price-to-rent ratio compares the cost of a home to rent.
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