Will Rising Mortgage Rates Crash The Housing Market?
June 22, 2022
To sum it all up, on the supply side, we have far too few homes available and a long runway before more homes can be built. On the demand side, we have a massive demographic shift creating huge amounts of demand, along with a strong consumer that is flush with cash. This likely means, despite rising mortgage rates, we are nowhere close to a crash in the housing market.