Although home prices have risen substantially over the past year, National Association of Home Builders economist Robert Dietz says relief is on the way for buyers.
Since January 2020, home resale prices have risen 30% on average across the country, growth that Dietz called unsustainable.
In a Oct. 8 presentation to the Northeast Florida Builders Association Sales and Marketing Council, Dietz said he sees price increases slowing to about 6% by 2023 and eventually lining up with inflation.
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