The AEI Institute just released the latest data on housing appreciation across the country. The report shares that in, “April 2023 housing inventory increased by 5% from a year ago, but only 3% from last month, the smallest month-over-month change in April since our AEI tracking started in 2017 (with the exception of 2020). Inventory today was still at around two-thirds of the 2017-2019 levels.
With the interest rates leveling and buyer demand slowed, it may just be the right time for all to get into home ownership.
For the full report PDF Click here: https://www.aei.org/wp-
content/uploads/2023/05/HPA- infographic-April-2023-FINAL- 2.pdf
Who will buy mortgages? From a friend… Interest rates matter but a broken bond market matters too. There is a role for government during a