5 Charts Show What to Look for in Housing Market Trends This Year
According to Bloomberg Business, the pending interest rate rise is the least of the concerns for the housing market.
Instead, there are five other things that industry professionals should keep an eye on. For example, low inventory and lack of variety in housing stock will strain the number of buyers.
One chart shows the lack of affordability for first time buyers, and the share of home sales to first-time buyers has stayed stagnant for the past five years.
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