US Home Prices Slow Down Amid High Rates and Record Highs
TL;DR Summary
Home prices in the US are cooling faster than expected due to rising supply and declining demand, with a notable slowdown in price increases across many markets, driven by higher mortgage rates and a constrained housing supply, though prices remain above pre-pandemic levels and major declines are unlikely.
Topics:business#home-prices#housing-supply#market-slowdown#mortgage-rates#real-estate#regional-shifts
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