The Fed is Standing Aside as House Prices Rip Higher–But Here’s What Could Get in the Way

MarketWatch, April 28, 2021–Steve Goldstein
Lewis Alexander, U.S. chief economist at Nomura, said it will be interesting to see how housing demand evolves in coming months as more people are vaccinated. “Vaccine rollout and economic reopening could prompt more people to move back into metropolitan areas and rent apartments. Alternatively, housing markets might be experiencing more secular changes, leading to a permanent shift in demand towards single-family homes in suburban areas.”