Halfway through October, Beijing new home sales are off by 42 percent yoy following strict buying restrictions, down 45 percent mtm. Existing home sales are down 41 percent yoy.
iFeng: 新政后北京楼市降温 半月成交量同比跌42%
"The Lock-In Effect of Rising Mortgage Rates"
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Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
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