This week, Realtor.com Chief Economist Danielle Hale provides an update on the economy and the housing market.
This week, Danielle discusses:
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Retail sales, price gains, and inflation expectations.
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How this factored into the key March Fed meeting decision to raise its short term rate. She discusses the impact of the Fed’s widely anticipated decision on mortgage rates, which rose above 4 percent this week, as discussed by colleague George Ratiu.
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A slew of housing indicators from Realtor.com weekly housing data to new construction to existing home sales. Combined, these indicators paint a picture of a competitive housing market in which sales are robust and prices rising but with hints of change in reaction to higher rates as builders work to catch up; and
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The best time of the year to list a home for sale is coming up, highlighted in research from Hannah Jones
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