1. The Housing Sector, Interest Rates and Unemployment Examined
... of these measures, with the exception of consumer confidence, presently sustains a well-built housing market. In particular, interest rates are still low by historical standards, and the yield curve infers that rates will continue to be dispirited in the anticipated future. Likewise, unemployment levels are anticipated to ... increase in supply, creating a very tight residential real estate market that has driven prices upwards. Because the increase in prices was driven by demand stimulated by the reduced cost of mortgages, this rise should not be considered to be a signal of overvaluati...
- Word Count: 1565
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate