Experts: Wage growth could further rate hikes in 2019 In November, the unemployment rate held steady at 3.7% and wages rose slightly, leading some experts to predict the likelihood of continual rate hikes in 2019. Despite these concerns, one expert believes homebuyers will end the year on a jolly note.
Freddie Mac: Housing market is short 2.5 million units The housing market needs an additional 2.5 million units just to match what is needed for long-term demand. As it turns out, housing inventory is lagging, driving up rent and home prices, which will continue to outpace income growth.
Lafayette, LA Real Estate
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