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RISING INFLATION, RATES TRIP UP HOUSING MARKET

Will Springer Realtor

equities suffered their worst first-half performance since 1970, with the S&P 500 entering bear market territory by losing 21% of market value from the start of the year to July 1. The tech-heavy Nasdaq has been hit especially hard, having lost 31% of its value since reaching an all-time high last November. .

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FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET

Will Springer Realtor

Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds. New listings and housing supply are on the rise as buyer activity took a dive in September, based on the latest assessment of data from the Northwest Multiple Listing Service. OCTOBER HOUSING UPDATE.