Share this article!

HESSAM NADJI: Well, the rapid rise in interest rates is causing a lot of concern, especially in the housing market. Affordability is already a challenge. Nationwide, prices for homes are up 36% since the pandemic began. So since the end of 2019, we have some metros like Phoenix, Austin, Atlanta, where home prices have increased 50% since the onset of the pandemic. That’s not sustainable. But on top of that, the higher interest rates, which came very quickly in the last few months. And, of course, affordability gets even more challenged. 

 

Booking.com

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favorite homes and more

Sign up with email

Get started with your account

to save your favorite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy

Create an agent account

Manage your listings, profile and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy

Create an agent account

Manage your listings, profile and more

Sign up with email