Experts on the Hampered Housing Market: 'Further to Fall'
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By News
Published 2 years ago on
August 30, 2022
Home Sales Decline, House, Sales Fell Housing Slowdown (GV Wire Composite/Paul Marshall)

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Rising interest ratesĀ are thwarting the U.S. housing market’s momentum, hammering many stocks tied to the fortunes in the sector.

Goldman Sachs Chief Economist Jan Hatzius asserted that further housing pressure is likely, writing in a new note ominously titled: “Housing Downturn: Further to Fall.”

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