What's Going on in the Housing Market?

Mate, may homesales numbers were the fifth consecutive month where we had lower sails in the prior month. It's marked almost a full year where homesals were down on a year over year basis. Adi believe that's tied into affordability issues that the prospective home buyers are facing. I don't think we're going to get into the low levels of home sales we had coming out of the great recession,. But by the end of this your oure going to see home prices maybe appreciating in the low single digits, three, four, maybe five % on a yearover-year basis.

Play episode from 05:33

Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app