Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. To help clarify what’s happening with home prices and where experts say they’re going, here’s a look at a few terms you may hear:
- A de-escalation clause is an article in a contract that calls for a price decrease if there is a decrease in certain costs.
- Deceleration is when home prices continue to appreciate, but at a slower pace.
Experts forecast price deceleration, not depreciation. That means home prices will continue to rise, just at a slower pace.
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