3 reasons why the US housing market is slowing down.

There are three fundamental drivers of the slowdown in the housing market,
(1) mortgage rates have increased since 2017, putting pressure on affordability;
(2) house prices have grown faster than rents and incomes since 2012, exacerbating the impact of rising rates; and
(3) the 2017 tax law changes reduced the tax benefits of owner-occupied housing relative to renting. (source: Goldman Sachs)

Posted on November 26, 2018 at 5:02 pm
Steven Galindo | Category: Uncategorized

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