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Housing Starts showed a steep decline at the onset of the pandemic. While this trend has reversed, there remains a shortage of affordable housing and
Housing Starts showed a steep decline at the onset of the pandemic. While this trend has reversed, there remains a shortage of affordable housing and mortgage rates have recently begun to rise. Is the American Dream of home ownership still feasible?
Please see the links below for some useful background.
- https://tradingeconomics.com/united-states/housing-starts
- https://nationalmortgageprofessional.com/news/75268/housing-starts-higher-projected#:~:text=The%20U.S.%20Census%20Bureau%20and,934%2C000%2C%20but%2023.2%25%20below%20the
- https://www.washingtonpost.com/business/2020/06/18/mortgage-rates-plunge-record-lows/
- https://www.marketwatch.com/story/mortgage-rates-hit-another-all-time-low-as-home-buyers-rush-to-secure-cheap-financing-2020-05-28
- https://www.washingtonpost.com/business/2020/07/27/housing-inequality-coronavirus/
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