Home prices may pick up speed after the Fed cuts rates with 88% of the housing market still overvalued, Fitch says

Home prices may pick up speed after the Fed cuts rates with 88% of the housing market still overvalued, Fitch says

Business
December 25, 2023 by secret
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[ad_1] (Left) Kevin Dietsch/Getty Images, (Right) Getty Images Home prices may pick up speed after the Fed cuts rates next year, according to Fitch. The ratings agency see prices rising as much as 3% next year and up to 4% in 2025. That would come after the Fed is expected to cut rates by 75