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While many analysts predict an increase in housing supply, mortgage lender Jaye Hohman of Hohman Finance also sees downward pressure on prices and rents from the demand side of the equation.
But housing experts expect there to be more homes on the market next year as buyers and sellers come to terms with today’s higher-rate world. The housing market has been effectively stuck since ...
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
A housing shortage is one of the big factors causing today’s tight market, and inflation is a big driver of the shortage. The rising costs of building materials and labor have forced builders to ...
The academic debate around the causes for rising levels of mortgage debts concerns their focus on the supply or the demand side of the housing market. Recent scholars focusing on the demand side explain that consumers purchasing and owning houses seek mortgage lending to complete their purchases, ultimately increasing house prices.
Many other factors go into determining the relative strength or weakness of the housing market, including: Overall economy: When public confidence is high, the housing market tends to thrive.
US house price trend (1998–2008) as measured by the Case–Shiller index Ratio of Melbourne median house prices to Australian annual wages, 1965 to 2010. As with all types of economic bubbles, disagreement exists over whether or not a real estate bubble can be identified or predicted, then perhaps prevented.
Guren and McQuade (2020) argue that widespread foreclosures can interact with the housing market to amplify declines in asset prices, leading to prices below levels determined by fundamentals: "When the housing market is hit by a shock that lowers housing demand and induces some foreclosures — for example a drop in employment . . . the ...