Dallas Fed warns of global housing ‘slide’

house and keys

The US and German housing markets are looking particularly vulnerable and are now in “peril” as they risk a sharp crash and potential spillovers, economists at the Federal Reserve Bank of Dallas warn.

“Housing froth has re-emerged since 2020, with signs of a pandemic housing boom extending beyond the US to other, mostly advanced, economies,” write the Dallas Fed researchers, Lauren Black and Enrique Martínez-García. “The risk of a deep global housing slide persists.”

The authors find evidence

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