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Zillow economist says housing market is definitely struggling

Original: The housing market is definitely struggling, says Zillow's Mischa Fisher

Mischa Fisher, an economist at Zillow, said the housing market is definitely struggling. He made the remarks in an interview on CNBC, attributing weakness to elevated mortgage rates and affordability pressures keeping buyers and sellers on the sidelines. The comments add to a growing chorus of analysts acknowledging that the US residential market has stalled, with sales volumes depressed and price growth slowing across many regions.

Why now: Elevated mortgage rates and weak home sales are keeping housing market health in the news.

ZillowMischa FisherCNBCUS housing market

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• The housing market is definitely struggling, says Zillow's Mischa Fisher · CNBC

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