Fed’s Beige Book offers grim news for housing industry

  • September 15, 2022
  • no comment
  • realestatelife

The economic standoff between rising inflation and rising interest rates continues to weaken the housing market nationwide, with home sales falling across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book report. Prospects for future improvement anytime soon are dim as well. “The outlook for future economic growth remained generally weak, with … expectations

READ MORE

Subscribe to Newsletter

Get weekly updates on mortgage rates, finance, lending and real estate.