Economics Daily

A ‘Fragile’ US Housing Market Heads to Spring Season Under War Strains

Mortgage rates are climbing again as traders price in faster inflation.
A sign in front of a home for sale in California.Photographer: David Paul Morris/Bloomberg
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I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at prospects for US housing. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.

Just weeks ago, this year’s key spring selling season for the US housing market looked to be something of an improvement on last year’s, which many industry experts had described as “frozen.”