The Bull Market in Housing will Last For Years Thanks to Low Inventory, Says One Expert

The bull market in housing will last for years, thanks to low inventory, strong demand, and low interest rates, according to Barry Habib, CEO of MBS Highway. Not only are the macro conditions strong to support housing demand, but demographics favor the market as well.  Habib expects housing to appreciate at a 5.5 percent rate annually over the next few years. Habib discussed the market at Camp Kotok, an annual gathering of economists and money managers held in Grand Lake Stream, Maine.