There is reason to believe that America’s housing market will be able to weather rising interest rates. That doesn’t mean that higher borrowing costs can’t blow a few shingles off.
The National Association of Realtors on Friday reported that 6.5 million previously owned homes were sold in January at a seasonally adjusted, annual rate, up from 6.09 million a month earlier and well above the 6.1 million economists had expected.
