The article discusses the current state of the real estate market in the United States, highlighting the impact of rising interest rates on homebuyers. As interest rates continue to increase, potential buyers are facing higher mortgage costs, leading to a decrease in home affordability. This trend is expected to slow down the housing market, with fewer buyers able to afford homes and potentially causing a shift towards a buyer's market.

Additionally, the article mentions that the rise in interest rates is also affecting the rental market, with rental prices increasing as well. This poses a challenge for renters who are already struggling with high housing costs. Overall, the article emphasizes the importance of monitoring interest rate trends and their impact on the real estate market, as it can significantly influence both homebuyers and renters in the current economic climate.

Read the full article on:  Canada EIN News