Home Buyers Rushed In as Mortgage Rates Rose, Boosting Housing Prices Across U.S.

Wall Street Journal, May 3, 2022–Nicole Friedman (subscription)
Home prices continued to surge in virtually every corner of the U.S. during the first quarter as mortgage rates rose rapidly, according to a Tuesday report from the National Association of Realtors. Many buyers rushed to lock in purchases in the first quarter before rates climbed even higher, according to real-estate agents.
https://www.wsj.com/articles/home-buyers-rushed-in-as-mortgage-rates-rose-boosting-housing-prices-across-u-s-11651572000?