We all know that rising interest rates means lower home prices as it knocks more potential buyers (demand) out of the market.
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I don’t think we all agree rising interest rates automatically mean lower home prices.
If rising interest rates occur during an economic recovery (which has happend many times in the past) the opposite has occurred. (look at prices from 1965 to 2000)
Conversely, declining rates do not always translate into higher prices (look at rates and prices from 2006 to 2009).