Рынок жилья и фед
1/ Рынок жилья недавно восстановился из за скидок, которые давали покупателям
2/ Индикатор рецессии, когда инвестиции в недвижимость со стороны компании снижаются
Mortgage payments on new homes now reach nearly 30% of average household income in America, almost double their average in the 2010s. A rise in incomes, a decline in mortgage rates or a decline in house prices would bring affordability back to pre-covid levels. All three have started to happen, but there is a long way to go. Nationally, home prices have fallen by just 4% since their peak in mid-2022, barely eating into their 45% surge during the pandemic, according to the s&p CoreLogic Case Shiller index.
There is also a more inflexible part to the equation: the supply of housing. Homeowners who have locked in low rates are loth to move. There are just 1.1m existing homes on the market for resale, half the average since the late 1980s.