Housing Market Outlook: Challenges, Opportunities, and Future Trends

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Source: The New York Times
Housing Market Outlook: Challenges, Opportunities, and Future Trends
Photo: The New York Times
TL;DR Summary

The US housing market is experiencing a slowdown due to rising mortgage rates and recession fears, leading to a 'frozen' market with fewer sales, hesitant buyers, and sellers reluctant to lower prices, despite increased inventory and construction efforts.

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