Market Data + Trends

Three Housing Trends to Watch in 2017's Fourth Quarter

Oct. 5, 2017

Nerdwallet's Holden Lewis has flagged the rise of mortgage rates, steady homebuying over the holidays, and the national impact of Hurricanes Harvey and Irma to watch for this year's unusual fourth quarter.

Even if your town wasn’t directly affected by hurricanes Harvey and Irma, you’ll see prices rise for drywall, plastic pipes, roof shingles and other home renovation materials, says Robert Dietz, chief economist for the National Association of Home Builders. Lumber prices will rise near the hurricane zones, but they won’t necessarily go up nationwide.

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