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 is one of the effects of higher interest rates on the housing market?

• Increase in home sales

• Increase in mortgage approvals

• Rise in housing prices

• Decrease in housing starts

Why is the US economy considered insulated from a housing crisis similar to 2007?

• Strong homeowners' equity and low debt service ratios

• High interest rates

• Low homeowners' equity

• High levels of household debt

Which country is mentioned as having potential risks in its housing market?

• Canada

• United States

• Japan

• Germany

What provides a cushion for the US consumer against economic uncertainties?

• High inflation

• High interest rates

• Excess savings

• Low employment rates

What is one reason for the continued support of housing prices despite a slowdown?

• Decrease in interest rates

• Increase in housing demand

• Increase in construction workers

• Shortage in housing supply