Newsbreak 6 months ago in Around The World, Bleakley Advisory, Dallas Fed, Federal Reserve, Home Prices, House Prices, Housing Bubble, housing crash, Housing Market, Ian Shepherdson, Interest Rates, Jeremy Siegel, Markets, MI Exclusive, mortgage rates, Paul Krugman, Peter Boockvar, Rate Hikes, Stocks 0 Category: Bleakley Advisory
House prices might plunge 20% in the hottest US markets – and the slump could hammer the wider financial system,...
Newsbreak 6 months ago in Around The World, Bleakley Advisory, Dallas Fed, Federal Reserve, Home Prices, House Prices, Housing Bubble, housing crash, Housing Market, Ian Shepherdson, Interest Rates, Jeremy Siegel, Markets, MI Exclusive, mortgage rates, Paul Krugman, Peter Boockvar, Rate Hikes, Stocks 0 Peter Boockvar. CNBC Home prices could tumble 20% in a few of the hottest US markets, top investor Peter Boockvar mentioned. He cited the surge in prices throughout the pandemic, and hovering mortgage charges pricing out patrons. The Bleakley Advisory boss warned a housing slump could hit client spending and the wider financial system. House prices could plummet 20% in some US cities as hovering…