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  • A senior economist at NAR said the SVB crisis could lead to higher activity in the housing market. 
  • Mortgage rates could fall faster than expected, and the Fed looks less hawkish, she said.
  • "The housing sector reacts immediately to changes in mortgage rates. We expect some relief in affordability."

The collapse of Silicon Valley Bank and the ensuing turmoil in the financial sector could spark more activity in the housing market, according to Nadia Evangelou, senior economist and director of research at the National Association of Realtors.