Why are home prices in America still continuing to rise?

On August 30, 2023, Washington, D.C. Homeownership continues to rank among the top desires of Americans, according to surveys. Unfortunately, this part of the American dream is becoming increasingly elusive. Those trying to enter the real estate market are facing three main challenges: high housing costs, expensive mortgage loans, and limited options. All these factors combined have created a situation where buying a home is extremely difficult, and there are no signs of improvement anytime soon.

Nevertheless, indirectly, the current crisis in the real estate market helps to shed light on one of the most pressing economic mysteries of our time: why economic growth in the U.S. continues to show resilience despite numerous predictions of a potential recession.

Issues in the real estate market

• High housing costs
• Expensive mortgage loans
• Limited choice

How are home prices in America continuing to rise despite the current situation?

These and other important topics were discussed in the episode from September 2, 2023, which contains a wealth of interesting materials and details on current issues related to the global economy.