New Home Construction Rises to Highest Level Since 2006

The video discusses recent trends in the housing market, focusing on building permits, housing starts, and the impact of rising interest rates. It highlights a decline in housing completions and the ongoing demand for housing despite higher rates. The video also examines the role of private equity in the housing market, particularly in student housing, and its effect on housing availability and affordability.

What was the percentage increase in housing starts reported in the latest data?

• 4/10

• 5%

• 6.8%

• 3/10

How have mortgage applications been affected by the rise in interest rates?

• They have fluctuated

• They have fallen

• They have increased

• They have remained stable

What is the current status of housing completions compared to the February estimate?

• Not reported

• Below the estimate

• Equal to the estimate

• Above the estimate

What is the Federal Reserve's likely response to the current mortgage rate situation?

• Increase rates further

• Decrease rates

• Stop monitoring rates

• Maintain current rates

How has private equity affected the availability of starter homes?

• Increased availability

• Improved affordability

• Decreased availability

• No effect