Source: Bloomberg — It’s no secret that the US housing market has been softening as interest rates rise at the fastest pace in decades. Higher mortgage rates mean the dramatic growth in home prices that we’ve […]
Source: Knowledge at Wharton — Wharton real estate professor Fernando Ferreira doesn’t believe the U.S. housing market has entered a recession. Home sales are falling in response to rising interest rates, but there’s still a mismatch of supply […]
Source: Investor Place — As the Federal Reserve continues to engineer the long foretold “soft landing,” housing has come into focus. Notions of a housing market crash continue to circulate the market. Now, Goldman Sachs […]
Although inventory is closer to catching up with last year, home shoppers are still contending with fewer homes for sale. The national inventory of active listings declined by 12.2% over last year, while the total […]
People spent $2.8 trillion on homes last year, setting an all-time high. KEY TAKEAWAYS According to the report, at the end of 2021, prices were 50% above their highest point before the market crash in […]
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