We’ve seen positive economic data, but is inflation over?
Tagged: Inflation
Consumers also more optimistic that household income will grow.
The monthly RHPI report said potential sellers are unlikely to lose all the equity they have gained.
Home-price growth has slowed fastest in pandemic boomtowns like Austin, Phoenix and Boise, with inflation and high mortgage rates to blame.
The GSE says a modest recession is expected to enter and exit throughout 2023, with home sales rebounding in the end of Q2 2023
Mortgage rates dropping from over 7% to 6.6% this week means homebuyers have more money available.
A Freddie Mac survey showed that Gen Zers still strive to buy homes, but face affordability challenges.
Rates posted their largest single-day decline since 2009.
A survey done by Offerpad reported that more than a third of Americans are hopeful about the housing market, despite recent shifts.