Housing supply

Created
Tue, 27/06/2023 - 18:00
Danny Walker Many people expect the rise in interest rates over the past 18 months to lead house prices to fall. Average prices have already fallen by 1–2% in the UK and by more in the US. In this post I show that historically there have been large differences in how an interest rate shock … Continue reading How house prices respond to interest rates depends on where they are in the country