Economics
Consumers’ Home-Price Expectations Moderate Further, NY Fed Survey Shows
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Americans are starting to see an end for the relentless rise in US home prices.
Consumers surveyed last month said they expect home prices to rise by about 3.5% in the coming year, down from an expected change of 4.4% a month earlier and 6% at the start of 2022, data from the New York Federal Reserve showed Monday.