July 13, 2024
real estate comment by FedAs expected, today, the Fed decided to leave short-term interest rates unchanged at 5.25 percent. However, the committee did suggest that future rate hikes could still be an option.
Discussing economic conditions, Fed policymakers said growth has slowed over the course of the year, partly reflecting a "substantial cooling" of the housing market. That description went beyond the Fed's previous assessment in late October and suggested a sharper slump in housing was taking place.          Palermo condos San Diego
[tags] real estate, housing, housing market, San Diego real estate, real estate bubble, California real estate, San Diego home values[/tags] 

2 thoughts on “Fed Says Housing slowdown is substantial

Comments are closed.