Name: The Seasonal Downturn In The Housing Market
Uploaded: 2023-10-20T20:09:05.869-05:00
Duration: 6 min 46 s

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Existing home sales are contracting due to low inventories and high homeownership costs, notes Selma Hepp. She and Alex Barron analyze the latest housing data. They talk about how the high-rate environment is affecting the housing market. They forecast the seasonal downturn in the housing market. Alex highlights that builders are able to sell homes at rates between 7-8% with rate buydowns. Tune in to find out more about the stock market today.

The Seasonal Downturn In The Housing Market

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