Home sales likely to drop back before year end

The recent uptick in existing homes sales most likely reflects a rush by home buyers to complete deals before mortgage rates rise further. However, this has only pulled forward sales that would have happened later this year and next. Under these circumstances, we would expect existing home sales to drop back before year end and stay down.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.