Fed’s Rate Cut Doesn’t Solve Lingering Housing Supply Shortage Issues

• The Fed’s interest rate cut will ease financing conditions for homebuilders, analysts told BI.
• But other issues will keep supply constrained, from material costs to labor shortages.
• Current owners still won’t be coaxed into selling, as many still have ultra-low mortgage rates.

The Federal Reserve’s rate cut will surely impact the housing market, but its effect likely won’t affect arguably the most important part of the equat