Why Isn’t The Housing Market Booming The Way Experts Expected?

Why Isn’t The Housing Market Booming The Way Experts Expected?

WBEZ brings you fact-based news and information. Sign up for our newsletters to stay up to date on the stories that matter.

Interest rates are near historic lows and consumer confidence is high, but the market isn’t booming. One reason may be mobility: people moving from state to state is half what it was two decades ago.

Copyright 2017 NPR. To see more, visit http://www.npr.org/.