Housing market forecast: ‘From ridiculous to hot’

STILL BUSY: Sally Lapides, CEO and president of Residential Properties Ltd., says she believes demand for new homes will remain strong in 2022. / PBN PHOTO/MICHAEL SALERNO
STILL BUSY: Sally Lapides, CEO and president of Residential Properties Ltd., says she believes demand for new homes will remain strong in 2022. / PBN PHOTO/MICHAEL SALERNO
Prospective homebuyers shouldn’t expect substantial relief on the horizon when it comes to house prices. Following a record-breaking year for the residential real estate market in 2021, industry observers say 2022 is poised to remain a seller’s market. As Timothy Howes, an associate professor and department chair of graduate business programs at Johnson & Wales…

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