Moves over: American house prices
The Intelligence from The Economist
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The Resilience of the Housing Market Amidst High Mortgage Rates
This chapter explores the surprising strength of the housing market amidst high mortgage rates, while addressing the significant hurdles faced by first-time homebuyers due to low affordability. It also touches on the Federal Reserve's worries regarding how this stability could hinder their inflation control efforts, alongside a survey opportunity for listener participation.
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