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Housing Market: Where it's at. Where it's going.
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Housing Market: Where it's at. Where it's going.

May 2022 Update

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
May 09, 2022
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CalculatedRisk Newsletter
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Housing Market: Where it's at. Where it's going.
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The Housing Market is Still Hot, but We are Seeing Signs of a Shift

House prices are up 20% year-over-year. Inventory is near record lows. And real estate agents are still selling homes well above list price. And on credit, lending standards have been reasonably solid, and mortgage delinquencies are very low.

However, mortgage rates are up sharply (fr…

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