Several Southern cities that experienced rapid growth during the pandemic now face a cooling real estate market characterized by declining home prices and increased inventories surpassing pre-pandemic levels According to June's Mortgage Monitor Report issued by the Intercontinental Exchange (ICE), 14% of major markets now have inventories at or above pre-pandemic levels, up from 10% just a month ago. Florida, Texas, and Colorado account for nearly all of the markets, with San Francisco being the
Intercontinental Exchange, CME, Coinbase Global, Cboe Global Markets and MarketAxess have been highlighted in this Industry Outlook article.
Product innovation, increased market volatility and a strategic economic market model are expected to aid Securities and Exchanges stocks like ICE, CME, COIN, CBOE and MKTX. However, compliance with regulations remains a challenge.