Luxury consumers brought fresh energy to the housing market in 2023 as their ability to pay cash for a home and ignore the lock-in effect increased, according to a new Coldwell Banker Global Program report.
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Rising Rates, Squeezed Supply Have Housing Industry’s Attention
Today’s rising interest rates have some market participants concerned, according to Moody’s Investors Service. The survey reports that crimped housing supply, coupled with the higher cost to borrow, is chipping away at optimism. Some participants, however, feel that conditions in ...
Read More »Optimism May Drive Home Purchase Market for Remainder of 2015
Optimism among consumers about the housing market has reached new survey highs and strong job and income growth are making consumers appear more favorable in the selling market, indicating a possible increase in the existing home supply.
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