Leave a Message

Thank you for your message. We will be in touch with you shortly.

December 2021 Market Update

December 2021 Market Update


The Big Story

 

What to expect when you’re expecting inflation

 
Quick Take:
 
  • The number of homes sold in 2021 is set to be one of the highest on record.
  • Inflation reached a 31-year high in October 2021, primarily due to pandemic-related supply chain issues. 
  • Consumers grapple with inflation while corporate profits and the S&P 500 reach all-time highs, highlighting the disconnect between profits and wage growth.
  • Home price increases are decelerating after the record-setting gains experienced over the past 16 months.
  • The average 30-year fixed mortgage rate remained historically low, at 3.10% at the end of November 2021.
And now go check our newsletter.

Let's Talk

You’ve got questions and we can’t wait to answer them.