Real Estate & Home

How is the housing market weathering war-time economics?

Ali Nemati17 hours ago28 sec read5 views0 listens

War-time economics have driven up mortgage rates and gas prices, impacting the housing market. Weekly pending home sales data showed a year-over-year decline last week after six consecutive weeks of growth, indicating that higher interest rates are beginning to slow down real estate activity. This trend is crucial for developers and tech professionals as it suggests potential shifts in consumer behavior and investment patterns in the real estate sector.

Read the full article at HousingWire

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How is the housing market weathering war-time economics?

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