U.S. Housing Costs Could Return to “Normal” Within 5 Years. Here’s What It Would Take.

Housing costs could hypothetically return to “normal” within the next five years if mortgage rates drop to 6% and home-price growth holds steady around 2.1%. Alternatively, housing costs could return to normal in just a slightly longer timeline–within about six years–if mortgage rates stay where they are today, about 7.5%, and home-price growth flattens. For […] The post U.S.