News Formal

Housing market is showing signs of cracking: 'Anything-goes list-price strategy is no longer working'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

South Africa News News

The housing market is showing signs of cracking—here's why:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Higher housing prices coupled with higher interest rates slowing down sales.

The recovery shall not be a problem in the near future.

Duh, that’s what happens when the Fed raises interest rates.

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:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mortgage rates edge higher as housing market cracks appearHigher financing costs, combined with a scarcity of properties and other familiar headwinds, may be starting to diminish buyer demand in the housing market. availability might also have something to do with us; post election, after a red wave, home starts will jump
Source: MarketWatch - 🏆 3. / 97 Read more »