• Finance

    US Housing Market & its intricate relationship with the US Economy.

    The US housing market has been on fire for the past few years, with prices rising at a record pace. In 2022, the median home price in the US rose by 19.7%, according to the National Association of Realtors. This is the largest annual increase in home prices since 1974. There are a number of factors contributing to the hot housing market. One factor is the low interest rates. The Federal Reserve has kept interest rates near zero for the past few years, making it more affordable to borrow money for a home. This has led to an increase in demand for housing, as more people are able to qualify…