How Interest Rates Effect Home Prices |

Illustration to demonstrate how interest rates have NO EFFECT on Oahu home prices.

Looking at median prices and interest rates since 1977, interest rates have never had an effect on Oahu home prices. During the three "price runs" in Oahu real estate history (when properties appreciate at 15-20% or more per year) the interest rate was anywhere between 5% and 16%. Regardless of how high or low it got, it did not influence overall median prices.

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