2min chapter

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Can the Markets Cause a Recession (EP.249)

Animal Spirits Podcast

CHAPTER

Will Housing Go Up Eight %?

Homesale price surged seven % during the four week period ending march thirteenth. With mortgage rates also soring, the typical home byers monthly payment reached a new hit of over 21 hundred dollars. At's more than 530 dollars more than the typical prependemic home by time out, time out. So it's up 25 %, 33 %, maybe, since the pandemic started. The supply stuff is just crazy. I'd be shocked if they got nine, honestly. We were talking about having a bet about, will housing go up eight %? It was up 7 % in four weeks.

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