Rising rates are weighing on the housing market - and macro headwinds could keep the sector depressed in 2023.

Dec 22 2022 by Business Insider

 

Good morning. I'm senior reporter Phil Rosen. It's good to be with you for the second-to-last Friday eve of 2022.

This year, we've watched (and felt) inflation hit historic highs, and seen the US central bank fight rising prices with very aggressive monetary policy. 

The jury's still out on whether those Fed rate hikes are working and if they'll spark a recession, but everyday Americans have already had to endure the repercussions. 

Don't shoot the messenger here, but today I'm breaking down...

Continue Reading Rising rates are weighing on the housing market - and macro headwinds could keep the sector depressed in 2023.