Armchair economist here and more familiar with the situation in Europe. The US has the highest interest rates among all developed economies (since December last

Armchair economist here and more familiar with the situation in Europe. The US has the highest interest rates among all developed economies (since December last year) so I assume that is starting to feel into the housing markets. The FED seems ready to drop rates at the first signs of economic bad news and consensus is that it will this year. Party will go on until inflation skyrockets, no idea when though but I doubt it's too soon. (not before elections)