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Barings (Europe)

2021 Top 500 ranking: 78

Housing Trembles But the Foundation’s Still Strong

Housing Trembles But the Foundation's Still Strong

U.S. housing demand is cooling as the 30-year mortgage rate reaches a 13-year high, though housing starts and permits remain above pre-COVID levels. Economic data shows strong but normalizing growth, and recession risks remain as PMIs, housing data, and China’s economy all slow.

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