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Housing market predictions 2022: Salt Lake City, Utah tops Realtor.com list – Deseret News

Cox on Tuesday unveiled his proposed budget for next year, which includes spending $228 million for housing initiatives.

Realtor.com predicts more sellers will enter the market as buyer competition “remains fierce,” which will fuel strong growth in home sales and price increases.

The site predicts home prices will continue to rise, but at a more moderate pace than in 2020 and 2021.

Realtor.com predicts economic growth to sustain homebuyer purchasing power, leading home sale prices to continue to rise.

…Read the full story

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