Episode 2029
In Powell v. Inflation, the Housing Market is a Casualty
October 10th, 2022
22 mins 20 secs
Season 2
Tags
About this Episode
We all know how mortgage rates have shot up over the last few months, as the Fed has hiked up rates to fight inflation. But, home prices remain stubbornly high across the country. So, what's the deal? Deconstruct chats with Redfin's chief economist Daryl Fairweather about discussed the impact of the rate shifts on first-time homebuyers and why a slowdown in sales activity has not coincided with a decline in prices.