Low housing supply could squeeze home prices up 5% in 2023 even though mortgage rates have spiked, Zillow economist says

Low housing supply could squeeze home prices up 5% in 2023 even though mortgage rates have spiked, Zillow economist says

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House prices could jump 5% in 2023 due to low inventory levels, according to Zillow. Saul Loeb/AFP/Getty Images Low housing inventory will squeeze prices higher, according to Zillow's chief economist. Skylar Olsen now expects home prices to jump 5% in 2023. Falling supply “is a big, huge, massive…

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