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re: Is the Fed killing the housing market?
Posted on 5/8/22 at 8:57 am to L1C4
Posted on 5/8/22 at 8:57 am to L1C4
House prices remain hot until unemployment creeps (people have the money and confidence to spend more).
If/when unemployment creeps, you will see a sharp correction in prices (how much depends upon the level of unemployment. Consumer confidence is the biggest driver of the direction of housing prices).
If/when unemployment creeps, you will see a sharp correction in prices (how much depends upon the level of unemployment. Consumer confidence is the biggest driver of the direction of housing prices).
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