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Posted on Aug 27, 2023
The US housing market may be trapped in a prolonged freeze
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"With an ongoing tight supply of existing homes for sale and the recent rise in 30-year fixed-rate mortgage rate to around 7%, we expect home sales in 2023 to remain near the lowest annual level since 2009," Fannie Mae economists said.
The US housing market may be trapped in a prolonged freeze
Posted from foxbusiness.com
Posted in these groups:
Real estate
Economy
Money
Posted 8 mo ago
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James Parker
Posted 8 mo ago
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thank you for sharing.
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You're welcome.
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