The Wharton School’s Susan Wachter discussed the decrease in existing home sales in the U.S. “It absolutely is a reaction to the higher interest rates and mortgage rates in 2019 … But there’s another force which is persistent, and that is that housing simply has become unaffordable across the board, and that’s likely to continue into 2019, so it is a concern.”

January 22, 2019 ・ From Yahoo! Finance