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The Housing Market Blues

High Rates and Rising Prices Keep Buyers, Sellers on Sidelines
CoStar Analytics
May 29, 2024 | 1:59 P.M.

It’s been tough to navigate the housing market since the pandemic's broader economic effects wreaked havoc on buyers and sellers. The primary impact has been the Federal Reserve’s move to push up interest rates to fight against inflation, increasing lending and mortgage costs.

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