Housing: Heartburn, Not a Heart Attack

This article by economists highlights some solid points for continued real estate market strength:

📍Home prices should still rise 5-10% this year

📍Real mortgage rates (the rate minus inflation) are still negative

📍Rent should accelerate for several reasons:

  1. General price inflation
  2. The end of the eviction moratorium
  3. Higher mortgage rates shifting demand toward renting, and
  4. The fact that home prices are already high relative to rents.

Read the full article here!

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