Favorable millennial demographics. Limited housing inventory. Lower unemployment. Which is why housing bulls stated the Pandemic Housing Boom experienced much more home to operate. Moody’s Analytics main economist Mark Zandi, of study course, disagreed. Back again in May, Zandi arrived to Fortune with a daring proclamation: The Pandemic Housing Boom experienced peaked and we were entering into a “housing correction.” A housing correction getting a period of time wherever the housing market—which received priced to 3{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} home finance loan rates—would work to equilibrium. It’d see house gross sales volumes slide sharply. It’d also, Zandi explained, set much of the country at risk of a house price tag corrections. Fast forward…