Home Price Growth Expectations Decline Sharply As Inflation Poses A Threat
Federal Reserve Bank of NY’s Center for Microeconomic Data survey reveals short-term inflation expectations increased among those surveyed.
Federal Reserve Bank of NY’s Center for Microeconomic Data survey reveals short-term inflation expectations increased among those surveyed.
Survey finds consumers have adjusted their expectations slightly downward on overall inflation.
Average perceived likelihood of an increase in housing assistance and affordable housing over the next 12 months declined to 37% in April 2022, from a peak of 52% in August 2021.
Freddie Mac, CoreLogic economists say Fed efforts could affect mortgage rates
Survey respondents also expect to lose access to credit and spend more for household goods.
N.Y. Fed survey finds unemployment a bright spot, though.