04/25/2022: Interest rates, house prices and more
The rise in interest rates have been the talk been the talk of the town. While interest rates are one side of the puzzle, house prices are defined by how affordable it is to purchase a home for the average person buying said home, and we have not seen much talk about it in that context.
Since there was no public level data analysis on this that we could find, we created an analysis of how interest rates interplay with home prices, and ultimately buyer affordability.