Sales of previously occupied U.S. homes in September fell for the fourth month in a row, grinding to their slowest pace in more than a decade as prospective homebuyers grapple with surging mortgage rates and a near historic-low level of properties on the market.
Housing prices don’t crash. Not really. People don’t want to take the loss. The nominal price may stay flat and the real price may go down as a result… That feels more likely
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