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News@lemmy.worldEnglish · 1 year ago

US existing home sales fall to lowest level in more than 13 years

www.theguardian.com

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US existing home sales fall to lowest level in more than 13 years

www.theguardian.com

YoBuckStopsHere@lemmy.world to

News@lemmy.worldEnglish · 1 year ago

Sales slump 4.1% in October amid highest mortgage rates in two decades and a dearth of houses

The median existing house price increased 3.4% from a year earlier to $391,800, the highest for any October.

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1 year ago
i guess corporations with lots of cash on hand just look for ways to put money to work… they’ll continue to put it into real estate as long as it looks like a better long term investment than something else…

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