I saw this graph in today's commentary about the Fed. Lays it all out so starkly.
They've signaled that the long-awaited "unwinding" of the balance sheet is soon to begin. Combined with the increasing federal funds rate, this would seem to retard the housing market. Other than demand, what would prevent home prices from going south again? Or what could?
Submitted June 14, 2017 at 10:13PM by markoseugenikos http://ift.tt/2t48VV0
