Globalization
The Impact of Quantitative Easing on Post-COVID Housing Inflation
The Federal Reserve’s quantitative easing (QE) between 2020 and 2022, with $1.33 trillion in mortgage-backed securities purchases, significantly boosted U.S. housing prices, contributing to overall inflation. Housing inflation persists, reaching 5% in 2024 and 4% in 2025, defying expectations and raising the need to rethink the impact of the Fed’s actions on housing values.
October 8, 2025