Current Events > So when is the housing market supposed to flip?

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The_X_Dawg
10/02/22 9:47:26 PM
#1:


This raising of interest rates has literally decreased my local market 10-fold. There are basically no new houses coming available.
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fhqwhgads
10/02/22 11:09:05 PM
#3:


Tag

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Everybody to the Limit
you can't bxzwlads the fhqwhgads~spudger
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Dan_Haren-
10/03/22 9:47:36 PM
#4:


Still gonna be a while.

House prices lag behind rising interest rates. By spring is when I'd guess house prices go to where they should be. Right now prices are still inflated. They peaked and are just starting to come down.

Once mortgage rates start coming down, prices might not actually reach their new equilibrium but start going back up. But mortgage rates won't come down until 10-year yields go way down and that won't come down until inflation is defeated and fed funds rate starts going down.
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