Moody’s Forcasts 10 Percent Fall in House Prices Over Next 2 Years Amid Higher Rates

Row homes in Harrisburg, Penn., in January 2023. Beth Brelje/The Epoch Times

The American housing market may fall even further as rising mortgage rates suppress demand and the stock of new homes begins to grow, according to Moody’s.

Home prices are expected to tumble between 5 and 10 percent over the next two years, Moody’s economist, Matthew Walsh, told Yahoo Finance in an April 18 interview.