Week 37: Tailwinds and Low Sensitivity to Rates. John Engel’s Real Estate Column for the New Canaan Sentinel
I want to revisit why the New Canaan housing market is so far out balance, favoring sellers, and why prices keep rising, and why this trajectory is destined to continue. New Canaan will continue to see rising prices for two reasons: low interest rate sensitivity and strong demand tailwinds. The market began 2023 expecting a […]