Published: Aug. 21, 2023, 10:06 p.m.
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In this Real Estate News Brief for the week ending August 19th, 2023... what economists say the Fed will do next, a new record high for U.S. home values, and the cities with the biggest need for new housing.
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We begin with the results of a poll among economists on whether the Fed is through with rate hikes. Reuters polled 110 economists for their opinion on what the Fed will do next. 90% of them believe the Fed will keep interest rates right where they are. About 80% don\\u2019t think we\\u2019ll see another rate hike for the rest of the year. And, a slight majority are anticipating a rate cut by March...
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