Interest rates and high prices seem to be cooling off the housing market
Aug 19, 2022

Interest rates and high prices seem to be cooling off the housing market

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Data this week seem to indicate that the white-hot housing market is finally cooling down. We dive into what could be causing the chilling effect, including rising interest rates and still-sky-high prices for homes. And, we speak to FHN Financial chief economist Christopher Low about the latest buzz with the Federal Reserve and meme stocks.

Segments From this episode

The superheated housing market is finally cooling down

Aug 19, 2022
Higher home prices and the Federal Reserve's efforts to curb inflation are responsible for much of the slowing market.
The housing market cooldown comes after two banner years during the pandemic when demand went through the roof and prices rose by double digits.
Stefani Reynolds/AFP via Getty Images

The team

Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Jesson Duller Media Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Redmond Carolipio Digital Producer
Ariana Rosas Producer/Director
Jarrett Dang Production Assistant