Housing Market Decoded: Don’t expect price drops… yet
By Teck Chu |
A correction doesn’t seem likely this year, but things could improve in 2024 if mortgage rates settle around 5%, says economist Matthew Gardner. During the five years leading up to the pandemic, U.S. home prices were rising at an average rate of 5.5% per year. However, as we all know, Covid-19 led the Federal Reserve […]
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