It is not out of the question that the coming rise in interest rates will derail the housing market recovery. Equally, however, it is plausible that a surge of pent-up demand, combined with low housing inventory, will trigger another boom. We think both scenarios can be avoided and the market will be in goldilocks territory - not too hot, not too cold - for the next couple of years.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services