In today’s Real Estate Podcast, from the realtor.com YouTube channel, Chief Economist Danielle Hale discusses ongoing Fed clarification of policy plans following last week’s March Fed meeting decision to raise its short-term rate and how recent jobs data impact those plans.

She highlights the impact on interest rates in general and on mortgage rates, specifically, which hit a 3 year high this week, as discussed by colleague George Ratiu.

Next, Danielle recaps the early impact of higher rates on home sales indicators including for new homes and pending sales for existing homes. Of note, much of the for-sale new home inventory is not yet completed. In other words, they may not be the move-in ready homes that buyers are looking for, as my colleague Hannah Jones found.

As we approach the best week of the year to list your home for sale, Realtor.com weekly housing data point to a seller’s market with still-rising home prices and fast sales. And finally, the February Rental Report is a clue to one factor keeping buyers in the market despite higher housing costs–higher rents–as my colleague Jiayi Xu researched.