Goldman Sachs Says the Bleak US Housing Market Could Get Even Worse

Goldman Sachs says the bleak US housing market could get even worse

A Goldman Sachs economist has sounded the alarm over the US housing market, warning home sales could fall further in 2027 as high prices and mortgage rates keep buyers down.

America’s dismal housing market to get even worse in 2027, grim forecast predicts

High mortgage rates are keeping homeowners locked in place and buyers on the sidelines, according to Goldman Sachs.

Goldman Sachs Forecast Points to Lower U.S. Home Sales in 2027

A separate survey found first-time buyers made up 60% of younger millennial purchases, down from 71% in the prior survey.