The housing market's 'chicken and egg' problem could mean falling prices

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Australia News News

The housing market faces a 'chicken and egg' problem' that could mean home prices start to fall

those buyers who are willing to pay high rates

"Many sellers report being concerned about finding another home, which may cause some of them to put plans to list on pause," Realtor.com chief economist Danielle Hale said."But this reduces the total number of options for buyers in the market." Still, in Hale's view, it's possible that home prices will climb in June, as they tend to do this time of the year, before falling.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in AU

Australia Australia Latest News, Australia Australia Headlines