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The Surprising Resilience of the Real Estate Sector
The markets response to interest rate hikes and the resilience or the surprising resilience of the real estate sector. I think there are a few things going on here, but I don't pretend to know for sure about any of them. You also have really low inventory of homes for sale. And if you have strong demand and not that much supply, then you're going to have high prices or even price growth.