Housing at year end 2016

<div style=”color: rgb(0, 0, 0); font-family: UICTFontTextStyleBody; font-size: 17px; line-height: normal;”>Let’s take a look at the very important leading sector of housing at the end of 2016.<br /><br />As per usual, my polestar is that housing first and foremost reacts to interest rates. &nbsp;Secondarily, housing responds to demographics. While housing does respond to price levels, the history is that prices continue to rise or fall after interest rates increase or decrease, and even continue to rise/fall after sales turn. &nbsp;In other words, while price levels are certainly a causal element in sales, it takes awhile for buyers and sellers to…

Source: XE news feed
Housing at year end 2016