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.

  • theodewere@kbin.social
    3·
    10 months 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…