maeve harris on Nostr: Economists at Bank of America warned this week that the US housing market is “stuck ...
Economists at Bank of America warned this week that the US housing market is “stuck and we are not convinced it will become unstuck” until 2026 — or later. The bank said home prices will remain high, or go even higher, and mortgage rates are not expected to fall much, if at all. Mediaan sale price in 2023 was $438,601
Published at
2024-06-27 22:30:49Event JSON
{
"id": "e8a63d8941f65b8714bf94e85a332a785f6a7d56b8d670d2b314cbb0347bb569",
"pubkey": "631ccc0492bbb6d505b5f025de6894cd6e6eec2b51b3e149f1f98d79f582a53a",
"created_at": 1719527449,
"kind": 1,
"tags": [
[
"content-warning",
"US home market 'stuck' per Bank of America"
],
[
"proxy",
"https://girlcock.club/users/maeve/statuses/112690950914842510",
"activitypub"
]
],
"content": "Economists at Bank of America warned this week that the US housing market is “stuck and we are not convinced it will become unstuck” until 2026 — or later. The bank said home prices will remain high, or go even higher, and mortgage rates are not expected to fall much, if at all. Mediaan sale price in 2023 was $438,601",
"sig": "dfa374e286b01441b6b7fc36001d056021976e157af519a098e39b8b5d12a142ca27e52854b1f6f08c1c708a387ff997706017f8a554e75ecb59d2fdef883b2a"
}
