Goldman Sachs says 4 US cities will suffer a 2008 crash in home values

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Goldman Sachs says 4 US cities will suffer a 2008 crash in home values
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The U.S. is seeing continued skyrocketing interest rates and declining housing prices, and Goldman Sachs expects home values in 2023 to reach that of the 2008 housing crisis.

expects home values to worsen through 2023 amid continued skyrocketing interest rates and declining housing prices.

San Jose, California; San Diego, California; Austin, Texas; and Phoenix, Arizona, will likely see noticeable increases before drastic decreases of more than 25%. Goldman Sachs expects home values to worsen through 2023 amid continued skyrocketing interest rates and declining housing prices.

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