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Goldman Sachs Forecasts Lower U.S. Home Sales for 2027
Goldman Sachs predicts 3.9 million U.S. home sales in 2027, down from 5.34 million in 2019.
In brief
Goldman Sachs predicts 3.9 million U.S. home sales in 2027, down from 5.34 million in 2019. Goldman Sachs forecasts 3.9 million U.S. home sales in 2027, a decline from 5.34 million in 2019. Originally reported by TokenPost.
Goldman Sachs Forecast
Goldman Sachs projects roughly 3.9 million existing U.S. home sales in 2027, down from 5.34 million in 2019.
Millennial Buyer Shift
First-time buyers make up 60% of younger millennial home buyers, down from 71% in the previous survey.
Market Trends
Higher mortgage rates may discourage owners with cheaper fixed-rate loans from selling, while new buyers face current borrowing costs.
The takeaway
Goldman Sachs forecasts 3.9 million U.S. home sales in 2027, a decline from 5.34 million in 2019.
