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How much will rate hikes actually impact housing prices?

I’m considering buying my first home next year and have set aside enough cash where I could buy my budgeted home in cash if I wanted to.

But I’m curious how expected rate hikes outlined by the Fed over next 2 years will realistically (or have already) impact the market eg are housing prices going to continue to squeeze higher before the first few hikes or are they already leveling off in anticipation? Would a cash buyer be better off waiting until after a hike or two?

submitted by /u/spx10k
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source https://www.reddit.com/r/RealEstate/comments/rp1k6r/how_much_will_rate_hikes_actually_impact_housing/
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