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U.S. home prices rise for seventh month in a row in August
· 31.10.2023 · 22:44:06 ··· Dienstag ⭐ 0 🎬 0
📺 Yahoo Finance
The S&P Case-Shiller Home Price Index shows U.S. home prices rose for the seventh straight month in August, attributed to tightening housing inventories. Craig Lazzara, S&P Dow Jones Indices Managing Director of Index Investment Strategy, analyzes how homebuyers and the housing market are reacting to elevated mortgage rates.
""You would expect rising [mortgage] rates to suppress demand, and you would therefore expect that the rates that have risen so far this year would've led to weakness in the market,"" Lazzara tells Yahoo Finance. ""In fact, we've seen the opposite.""
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#homeprices #realestate #yahoofinance
· 31.10.2023 · 22:44:06 ··· Dienstag
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