US Home Prices Slow Down Amid High Rates and Record Highs

1 min read
Source: CNBC
US Home Prices Slow Down Amid High Rates and Record Highs
Photo: CNBC
TL;DR

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.

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