Bloomberg Television
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What Will Be the Impact of a Slowdown in the US Housing Market?
Posted
October 24, 2022
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October 24, 2022
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1:09Now PlayingHousing data indicates the Federal Reserve’s rate policies are starting to bite into the market. Mortgage rates are up and sales and building permits are down. It’s enough to send tremors throughout the global economy, given the massive fallout following the last US housing market slowdown during the Great Recession. But a postpandemic slowdown is unlikely to mean carnage on the scale of the subprime mortgage meltdown of 2009. Presented by @cmegroup
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