Bryce Dallas Howard on the Declining Statistics for Female Directors in Hollywood

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Financial Intelligence • Markets • World News • Independent Analysis
Published: 2026-09-25 • Permanent link

Rising interest rates have dealt a significant blow to the US housing market, as Zillow's latest forecast reveals a 12% decline in existing home sales in August, and a 7% decrease in median home prices from the previous month. This sharp downturn has been attributed to the increasing cost of borrowing, making it more challenging for homebuyers to secure mortgages. The National Association of Realtors reported a 12% drop in existing home sales, with the median sales price falling to $390,000, down from $420,000 in July.

The impact of this decline is far-reaching, with many investors and consumers bracing for a potential slowdown in the broader economy. As interest rates continue to rise, the cost of borrowing increases, making it more expensive for consumers to purchase homes, cars, and other assets. This could lead to a decrease in consumer spending, which could have a ripple effect on the entire economy. Furthermore, the decline in housing prices could lead to a decrease in housing affordability, exacerbating the issue of homelessness.

Since the housing market began to recover from the COVID-19 pandemic, the sector has experienced a remarkable rebound, with housing prices rising by over 30% in some areas. However, this growth was largely driven by speculation and a lack of regulation, rather than fundamental changes in the underlying economy. According to experts, the current downturn is a necessary correction, as the housing market had become overheated and unsustainable. The Federal Reserve has already begun to take steps to address the issue, by raising interest rates to curb inflation.

As the housing market continues to decline, investors and consumers will be watching closely for any signs of stabilization. The next catalyst to watch will be the upcoming release of the Federal Reserve's next monetary policy decision, which is expected to take place in the coming weeks. The Fed's actions will have a significant impact on the housing market, and will determine the trajectory of the broader economy. With the current decline in housing prices, the stakes are high, and the outcome will have far-reaching consequences for the entire economy.