Home prices may still rise, but car values are set to fall from pandemic peak: Goldman - BitcoinEthereumNews.com
اقتصـادHome prices may still rise, but car values are set to fall from pandemic peak: Goldman07 / 09 / 2022أخبار Bitcoin Ethereum Homes and vehicles are two big-ticket items that most American families will require financing to obtain. Theres some good news — and bad news — when looking at both assets in the next two years, according to Goldman Sachs. كثير المتنبئين expect U.S. home prices to edge up to new post-pandemic highs, despite a near doubling of the 30-year mortgage rate. On the other hand, prices for used cars already have shown signs of normalizing (see chart) as supply chains untangle and dealer inventories restock. Used-car prices are showing signs of normalizing after two-year boom n Goldman Sachs Investment Research, Manheim vehicle price indexn n Easing pressures in the white-hot market for vehicles since 2020 could be an encouraging sign for the Federal Reserve as it prepares to fire off another big interest-rate hike later this month, in a bid to cool inflation that climbed to a 40-year high of 8.6% in May. The May consumer-price index indicated prices for used-cars and trucks rose 16.1% in a year, with investors nervously awaiting a fresh reading for June due next Wednesday. Goldman Sachs analysts, in a weekly