These Charts Will Tell You Where the Housing Market Is Headed This Year

Where the Housing Market Is Headed

Where the Housing Market Is Headed

The Federal Reserve is preparing to raise its benchmark interest rate for the first time since 2006, but there has not been any evidence of panic in the healing housing industry.

After all, housing has been one of the biggest beneficiaries of rock-bottom borrowing costs in this economic recovery. According to analysts, there are several key things to watch this year to determine the performance of the housing market: Inventory, prices, affordability for first-time buyers, credit availability, and wages.

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Source: Bloomberg

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