Median House Price With Mortgage Rates

Generated from the St Louis Fed data and going back to 1988 when I became a voter. It’s interesting to see how when mortgage rates come down, median house prices rise. So what’s happening post 2020? The interest rise should push median prices lower but it’s not budging.

Could it be Boomer related? I don’t know why it’s happening but this I know: young people are pissed because they can’t afford to buy a house.