Today’s housing bear market: Are there silver linings?
Rising interest rates have been contributing to a sharp slowdown in housing. Here’s what to watch for next.
Is there a bear in your neighborhood? A bear market, that is. Many homeowners who locked in at low mortgage rates are opting to stay put and that’s been contributing to a sharp slowdown in U.S. home sales and the supply of available inventory. But there are some bright spots on the horizon. Watch our video to learn more and also read the column There's a Bear Market in New Neighbors in the Chief Investment Office’s Capital Market Outlook.