Housing Hesitancy: Are Buyers And Builders Backing Out?
The correction could mean better access to housing markets, people moving from rental to ownership, and the resulting vacancies causing lower rents. Only time will tell.
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The correction could mean better access to housing markets, people moving from rental to ownership, and the resulting vacancies causing lower rents. Only time will tell.
Wall Street's worries about sticky inflation and the Fed's interest-rate hikes fueled big losses for both the S&P 500 and Nasdaq Composite last month.
The economy has been strong enough to handle higher rates, but it’s not designed for them to stay that way for long after a decade and a half of ultra-low borrowing costs.
Some economists believe that the U.S. economy’s resilience and tight labour market could give the Federal Reserve ammunition to raise interest rates again in November
As expected, the Fed "paused" at its September meetings. And while the Fed’s administered rates did not change, the markets interpreted this as a “hawkish” pause.