D. Alexander Capital CIO Talks Housing Market Data on TD Ameritrade Network
From a borrowing cost perspective, even the 50 bp increase in average 30-year fixed mortgage rates has been unable to derail the surge in real estate. Indeed, the drop from the early-April interest rate peaks only adds a tailwind to a market already facing supply constraints and surging input costs.
Looking ahead, the housing landscape will be one of the most intriguing aspects of the ‘new’ economy following the well-reported suburban shift, and work-from-anywhere revolution.
— Larry Shover, D. Alexander Capital CIO