America’s Housing Market is Overheating: What Does This Mean?

2022-03-11T11:50:52-07:00

The U.S housing market has been sizzling away for some time now, defying the odds against a backdrop of global pandemic conditions, and it's showing no signs of significantly slowing down. With appreciation figures regularly reaching double digits and buyers often caught up in fierce bidding wars, there is no shortage of action. So what does it all mean moving forwards? Photo by Ian MacDonald on UnsplashIs it a bubble that's destined to burst?According to the National Association of Realtors, existing home values catapulted to a record 17.2 percent between March 2020 and March 2021. While this climb overtook the appreciation pace of [...]