Newsfeed: The Housing Boom Is Already Over. The Housing Shortage Will Continue.

Newsfeed: The Housing Boom Is Already Over. The Housing Shortage Will Continue.

As mortgage rates have risen this year, the buyer demand for homes has fallen. That has spelled trouble for the home construction business. Homebuilder confidence dropped for the tenth straight month in October. The decline in builder sentiment reflects what economist Ian Shepherdson describes as “housing … in free fall.