Housing Markets Are Bubbling All Over the World

The video discusses the impact of higher interest rates on housing prices, noting a slowdown in housing markets globally, including the US. Despite this, the US market is seen as resilient due to high homeowner equity and low debt service ratios. The discussion also highlights risks in global markets, particularly in Canada, and the ongoing housing supply issues that may prevent significant price drops.

What are the current trends in housing prices according to the discussion?

How is the US economy expected to be affected by the housing market slowdown?

What factors contribute to the current housing shortage?

What are the implications of rising interest rates on housing demand?

In what ways does the current situation differ from the housing crisis of 2007?