9 min listen
1239 - Where Home Prices Grew the Most (and the Least) in 2023 by Anna Cottrell
1239 - Where Home Prices Grew the Most (and the Least) in 2023 by Anna Cottrell
ratings:
Length:
14 minutes
Released:
Mar 6, 2024
Format:
Podcast episode
Description
As everyone knows by now, rising interest rates and low supply have been the most significant factors shaping the real estate market since 2022.
The Federal Reserve began raising key interest rates in March 2022 in response to skyrocketing inflation. Following the pandemic-era sharp rises in the cost of materials and products across several industries, inflation in the immediate aftermath shot to its highest levels in 40 years. To tackle these high inflation rates, the Fed raised rates 11 times between March 2022 and July 2023, from almost zero to 5.5%.
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The Federal Reserve began raising key interest rates in March 2022 in response to skyrocketing inflation. Following the pandemic-era sharp rises in the cost of materials and products across several industries, inflation in the immediate aftermath shot to its highest levels in 40 years. To tackle these high inflation rates, the Fed raised rates 11 times between March 2022 and July 2023, from almost zero to 5.5%.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Mar 6, 2024
Format:
Podcast episode
Titles in the series (100)
752 - These 20 Housing Markets Are Cooling the Fastest, According to Redfin by Anna Cottrell by BiggerPockets Daily