As Federal Reserve hikes rates, housing costs and new listings decline

As Federal Reserve hikes rates, housing costs and new listings decline

Dwelling costs are on a decline because the Federal Reserve continues to elevate passion rates to tame inflation. Skylar Olsen, chief economist at Zillow, joined CBS News’ Catherine Herridge to talk about about how rising passion rates are affecting the housing market and what homeowners and residential investors must form.

#files #federalreserve #interestrates

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