Why The Current Housing Market Is Seen As ‘Uniquely Volatile’ – House Digest

Many factors continue to make the housing market volatile. That includes rising interest rates, inflationary pressures, inventory of available homes to buy, and the unknown. Interest rates rose to their highest level in October of 2022, reaching past 7%. They fell again in January 2023, only to rise again in March. Olick shares, “New inventory…