Remove articles is-the-housing-market-cooling-down
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Housing inventory fell last week, but it won’t derail the spring bump

Housing Wire

Weekly housing inventory data — both active inventory and new listings — are prone to one-week moves that deviate from a trend, especially if people are going Easter egg hunting. But, despite the weekly moves, the one bright spot for housing is that housing inventory is growing on a year-over-year basis.

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Solid jobs report sends mortgage rates lower

Housing Wire

Mortgage rates fell aggressively down to 6.20%, putting us at more than 1% below the highs of 2022. The bond market saw that wage growth was cooling down, leaving the Federal Reserve with few reasons to keep the rate hike story going much longer. Can we have a soft landing in the economy? Job report. percent, the U.S.

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Why higher rates aren’t crashing home prices

Housing Wire

Home prices aren’t crashing, despite what the housing bubble boys are saying. The housing bubble boys are a crew that from 2012 to 2019 screamed housing crash every year. Well, it’s June 9, 2023, and home prices have been firm month to month, not showing anything that resembles the housing bubble crash years.

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Why do mortgage rates need to cool down?

Housing Wire

During the interview, HW+ Managing Editor Brena Nath interviews Mohtashami on his most recent article , “We need higher mortgage rates to cool the housing market.”. I wrote that if COVID-19 hit us, stocks, the economy, and bond yields would fall, and this means mortgage rates would go down with it.”.

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Is the housing market cooling down?

Housing Wire

The housing market continues to be hot in most of the country, but there are signs that the party may be coming to an end. From putting context around housing starts to explaining how housing data will moderate, it’s safe to say that there was a lot to cover. The post Is the housing market cooling down?

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Is inflation or recession driving mortgage rates now?

Housing Wire

As we can see from the chart below, while the inflation data is cooling down, it’s not cooling down fast enough for the Fed. To even have something remotely close to 1970s inflation, you need a massive housing boom. As you can see below, rent inflation took off in the 1970s. percent in January, the U.S.

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Wage growth downtrend kills 1970s inflation fear

Housing Wire

Since 2022 — as the labor market has been getting hotter with massive job gains and high job openings — the year-over-year wage growth data has been falling. Since 2022 — as the labor market has been getting hotter with massive job gains and high job openings — the year-over-year wage growth data has been falling. percent, the U.S.