Here’s why experts believe the U.S. is in a housing boom and not a bubble

CNBC2021-09-02

The U.S. housing market has been an unlikely beneficiary from the Covid-19 pandemic. During the pandemic, home prices have climbed at a record pace. The median price for an existing home reached over$...

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精彩评论

Cheryi
2021-09-02
Cheryi
Follow
Limwy
2021-09-02
Limwy
No need to believe, just base on guts feel
agodakkkf
2021-09-02
agodakkkf
Good
Genesis11
2021-09-02
Genesis11
Like
VRX
2021-09-02
VRX
Speculation
- Cheryi:
  Like
- VRX:
  :)
Sfun
2021-09-02
Sfun
oja
- adriandino:
  oh

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The median price for an existing home reached over$...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/02/heres-why-experts-believe-the-us-is-in-a-housing-boom-not-a-bubble.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.cnbc.com/2021/09/02/heres-why-experts-believe-the-us-is-in-a-housing-boom-not-a-bubble.html","article_id":"1119543146","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/09/02/heres-why-experts-believe-the-us-is-in-a-housing-boom-not-a-bubble.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1119543146","pubTimestamp":1630585966,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"The U.S. housing market has been an unlikely beneficiary from the Covid-19 pandemic.\nDuring the pand","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"这就是为什么专家们认为美国正处于房地产繁荣而不是泡沫之中","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"The U.S. housing market has been an unlikely beneficiary from the Covid-19 pandemic.\nDuring the pandemic, home prices have climbed at a record pace. The median price for an existing home reached over$363,000in June 2021, a 23.4% year-over-year increase.\n“You can see in just basically the last 15 months or so, we’ve seen a dramatic acceleration in home price growth to levels we haven’t seen in decades,” CoreLogic chief economist Frank Nothaft said.\nHowever, according to most experts, the market is shaping up to look more like a boom rather than a bubble.\n“We say bubble because we can’t believe how much prices have gone up,” CNBC real estate correspondent Diana Olick said. “A bubble tends to be something that’s inflated that could burst at any minute and change and that’s not really the case here.”\nWhile speculation certainly is a factor, the main cause for the current housing demand is low mortgage rates. At the start of the pandemic in March 2020, the 30-year fixed-rate mortgage rate sat at3.45%. By July of this year, that number had dropped to2.87%.\nSupply is also an issue. 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