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Housing Market

Housing Market News: October 2022

Nov 07, 2022

 

This week the Federal Reserve announced yet another short-term rate hike—consistent with what officials have been communicating for months. The policy changes, combined with inflation, are driving up the yield on the 10-year Treasury – and mortgage rates are rising accordingly. The expectation is that mortgage rates will remain elevated for some time but there’s uncertainty. “Our model doesn’t really have many examples of inflation being this high and quantitative tightening and the changes to the short-term interest rate happening this quick,” Ali Wolf, Zonda’s chief economist reported to MarketWatch recently. Media outlets have turned to Zonda for housing market data and expertise as all eyes are on mortgage rates and house prices. Read the latest housing market news from Zonda’s experts to learn more.

  • Time Magazine featuring Ali Wolf — Why Mortgage Rates Could Hold Steady After This Week’s Federal Reserve Rate Hike
  • Wall Street Journal featuring Ali Wolf — Home Prices Fell in August in Biggest Monthly Decrease Since 2011
  • MarketWatch featuring Ali Wolf — When Will Mortgage Rates Go Down?
  • WRAL Tech Wire — Homebuyers: Want a Great Deal on a New Home? Here’s What to Ask For
  • San Antonio Express-News — Mortgage Rates Surge Past 7 Percent for the First Time Since 2002
  • San Antonio Express-News — Hitting a Wall: San Antonio Housing Market Slowing as Inflation, Rates and Prices Keep Climbing
  • NewsExplorer featuring Zonda Urban — Metro Vancouver Pre-Sale Condo Market Slows as Buyers Retreat and Developers Delay Projects
  • House Digest featuring Livabl — Best Room Wins Star Genevieve Gorder’s Tips for Designing on a Budget
  • Wall Street Journal featuring Builder Magazine — Builders Say They’re Ready for This Housing Slowdown
  • Markets Business Insider featuring Ali Wolf — Lumber Prices Have Defied a Cooling Housing Market to Climb 26% in October
  • Victoria Advocate featuring Zonda Education — Some Victoria Schools Face Enrollment Pressure as Zoning Review Process Starts
  • Yahoo!Finance featuring Ali Wolf — The Historic Deterioration in the U.S. Housing Market
  • MSN.com featuring Remodeling Magazine — Construction Businesses Are Growing Faster Than Ever. This is What’s Behind the Boom
  • Multi-Housing News featuring Kimberly Byrum — How Most New Projects Weave in Wellness
  • Greater Phoenix in Business featuring Kimberly Byrum — Arizona’s Multifamily Industry Remains Positive Despite Headwinds

Learn more

Are you interested in interviewing or booking Ali Wolf or one of our many advisors to speak at your event? Contact us today to learn more about availability.

Zonda Advisory services cover the entire spectrum of real estate, helping companies grow their business and realize their goals. Our work is tailored to each client to help them lead, expand and evolve. Get regional housing market data specific to your needs. Learn more about our advisory services and contact us today to discover how we can help you think ahead and provide creative and functional solutions to your customers.

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Ali Wolf

Chief Economist

Ali Wolf

Chief Economist

Ali Wolf

Chief Economist

Bob Templeton

Vice President, School District Segment

Bob Templeton

Vice President, School District Segment

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