In a surprising turn of events, the anticipated rise in inventory growth correlating with higher mortgage rates came to an unexpected halt last week. This abrupt shift has left industry experts reevaluating their previous models and projections.
Key points:
– Previous expectations of increased inventory growth with higher mortgage rates have been upended
– Industry experts are left recalibrating their models and projections in light of this unexpected development.
You can read this full article at: https://www.housingwire.com/articles/did-lower-mortgage-rates-slow-housing-inventory-growth/(subscription required)
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