How Does Fed Chairman Powell View the Housing Market?

How Does Fed Chairman Powell View the Housing Market?
US Federal Reserve Chair Jerome Powell speaks during a news conference on interest rates, the economy and monetary policy actions at the Federal Reserve Building in Washington, DC, on June 15, 2022. Olivier Douliery/AFP via Getty Images
Tribune News Service
Updated:
By Jeff Ostrowski From Bankrate.com

The fate of the housing boom is on the minds of both homeowners and homebuyers these days. Will record home values lead to a crash reminiscent of the one that made the Great Recession so painful? Or will prices simply take a breather from their torrid pace of appreciation?