The booming US housing market: How much of a rate increase can it withstand?

We previously explored the impact of the COVID recession on the US housing market, and how it’s differed from the GFC—primarily in that an anticipated housing crisis never materialized. 

In fact, not only have we thus far dodged a post-COVID housing crash, but the US housing market appears to be booming—largely driven by low mortgage rates and restricted supply. To gauge how enduring this trend could be, we ran our Yield Book House Price model to project how much of a mortgage rate increase the US housing market boom could withstand.

You can now read the full blog post at the link below