What Will Be the Impact of a Slowdown in the US Housing Market?

What Will Be the Impact of a Slowdown in the US Housing Market?

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For your information, you can find below the description of the video What Will Be the Impact of a Slowdown in the US Housing Market? published by the Youtube channel Bloomberg Markets and Finance:

Housing data indicates the Federal Reserve’s rate policies are starting to bite into the market. Mortgage rates are up and sales and building permits are down. It’s enough to send tremors throughout the global economy, given the massive fallout following the last US housing market slowdown during the Great Recession. But a post-pandemic slowdown is unlikely to mean carnage on the scale of the subprime mortgage meltdown of 2009. Presented by @CME Group: https://www.cmegroup.com/openmarkets/economics.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_econ&utm_content=more_insights