Report
How will the US housing market fare with an 8% mortgage rate?
In 2022, when US mortgage rates rose rapidly from 3% to around 7%, the housing market experienced a slump in activity and investment and a modest price correction. In recent months, building starts have stopped falling and housing prices have picked up slightly. The rise in borrowing rates from 7% to 8% erodes home affordability a little further. As such, demand for homes appears largely frozen. There are far fewer sales and developers who had hoped for a recovery last spring hav...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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