Another month of steadily increasing home prices and insatiable demand led Fannie Mae‘s Economic and Strategic Research Group to alter many of its 2021 predictions – in particular, its outlook on the symbiotic relationship between the housing market and inflation measures.
While the housing research group believes current inflation acceleration could be considered transitory, price pressures in all sectors – not just housing – are likely to last into 2022. The reason? Lagged effects from rapid home price growth will put upwards pressure on inflation through at least details ⇒
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