Steven Wood Quotes
The demand for new housing surged, likely because rising mortgage rates motivated some potential homebuyers to accelerate their buying decisions. 
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Demand | Housing | Surged | Rising | Mortgage |
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While these data will be welcome by the (Fed), two key questions remain... Will the second quarter spending slow down extend through the rest of the year? Economic fundamentals suggest they will. And will the spending slowdown be sufficient to relieve pressure on labor markets and inflation? At this point, that is still an open question.
- Steven Wood
