First Look at 2023 Housing Forecasts

Towards the end of each year, I collect some housing forecasts for the following year.

For comparison, new home sales in 2022 will probably be around 650 thousand, down from 771 thousand in 2021.

Total housing starts will be around 1.58 million in 2022, down slightly from 1.60 million in 2021.

Existing home sales will be around 5.1 million in 2022, down fr…