✉news BusinessEconomy first seen 11 h ago, last 56 min ago, peak #21

Coldwell Banker CEO: Housing Is in a Soft Period

Original: Mortgage Rates and Inflation Are Cooling Housing Demand — Coldwell Banker CEO Says ‘We Are Definitely in a Soft Period Right Now’

Coldwell Banker's chief executive says the US housing market is 'definitely in a soft period right now', pointing to elevated mortgage rates and persistent inflation cooling buyer demand. The comments add to a string of cautious assessments from industry leaders as high borrowing costs keep many would-be buyers on the sidelines and slow home sales across the country.

Why now: High mortgage rates and inflation are currently weighing on the housing market, making the outlook a live concern for buyers, sellers and investors.

Coldwell BankerUS housing market

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Rank over time, top of the chart is #1. 3 snapshots from 11 h ago to 56 min ago.

Evidence

• Mortgage Rates and Inflation Are Cooling Housing Demand — Coldwell Banker CEO Says ‘We Are Definitely in a Soft Period Right Now’ · Yahoo Finance

API: https://socialmediatrends-api.osmike.com/v1/trends/170134