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Tim Rood Talks to Fox Business News on Latest Residential Market Trends

Homebuilders' sentiment fell again in August 2022, with the National Association of Home Builders saying the rise in interest rates is pushing the market into a “housing recession.” Tim Rood, SitusAMC Head of Government and Industry Relations, spoke with Fox Business News this week about some of the issues characterizing the market, including supply chain woes, rising inventory levels, and recent declines in home price appreciation. Rood also weighs in on prospects for the commercial real estate market. 

August 2022