14min chapter

Plain English with Derek Thompson cover image

Why Everybody Is Wrong About a Recession and Housing’s Great Comeback

Plain English with Derek Thompson

CHAPTER

Mortgage Rate Effects on Housing Dynamics

This chapter examines the fluctuations in mortgage rates throughout 2022, detailing their profound impact on housing market dynamics. It discusses the resurgence in buyer demand as rates decrease and explores the implications of housing inventory on pricing and new home construction. The chapter concludes by highlighting the evolving landscape for homebuilders amidst changing economic conditions.

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