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Oct. 5: MarketWatch - Mortgage Rates Are At 7%, What's Going On In The Housing Market?

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What’s going on in the housing market? Why are we not building enough homes? When will we see prices shift? Economist AliWolfEcon and our reporter aarthiswami will address your FAQs. RSVP:

MarketWatch real-estate reporter speaks with Zonda Research's chief economist Ali Wolf about the housing market, why we're not building enough homes, and when we'll see prices shift.Personal Finance Reporter, MarketWatch

Aarthi Swaminathan is a personal finance reporter covering real estate at MarketWatch. She was previously with Yahoo Finance in New York and CNBC in Singapore. She has a master's degree in business journalism from New York University.Ali Wolf is the Chief Economist for Zonda, the largest new home construction data company in North America.

Ali is the creator of Zonda’s proprietary indices, including the New Home Pending Sales Index and the New Home Lot Supply Index. Ali has focused much of her career on understanding prior recessions and led the charge on ‘Millennials discussing Millennials’ in the homebuilding space.

Prior to joining the Zonda team, Ali worked for another consultancy firm and was a researcher for both the Canadian and UK Parliaments. Ali holds a Bachelor’s Degree from The Ohio State University in Economics and a Master’s Degree from the London School of Economics in Real Estate Economics and Finance.

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AliWolfEcon aarthiswami Prices will shift down in the next few months as the large home builders like KB Homes and Lennar slash prices to make their yearly numbers with their fiscal years ending November and December. The rest of the industry will react to these cuts and incentives into 2023.

aarthiswami AliWolfEcon Can you show me a lack of housing on the chart?

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