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Friday, 23 April 2021

The housing market is hot – but is it too hot? Here’s what the experts say

The housing market is hot – but is it too hot? Here’s what the experts say

22Searches for the phrase, ‘When is the housing market going to crash?’ are up 2,450% over the past month, as reported by MarketWatch. Similarly, Americans are searching in droves for explanations about why the housing market is so hot and why home prices are rising, Google reported.

Americans’ concerns are perhaps a natural by-product of today’s extremely competitive market, economists said. For some, today’s real-estate market might feel eerily similar to the market conditions that preceded the Great Recession.

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