What I'm Reading Scaling Back: Higher prices for personal- and home-care items are driving Americans to purchase fewer consumer staples as inflation crimps budgets. Bloomberg Hitting the Brakes: Multifamily lending is expected to slow down for the remainder of 2022 as higher rates take a toll. However, the MBA is...
April 22nd – Tough Nut to Crack
What I'm Reading Tough Nut to Crack: The price of a home sold in March set a record, as inventory dwindled and sales fell. Sharply rising mortgage rates are not showing much of an impact on housing yet. CNBC As discussed here previously, I believe that structural factors in the...