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Better inflation data won’t sway the Fed

Housing Wire

The Consumer Price Index data released Wednesday showed again that the breakaway 1970s-style inflation is not happening, even with an expanding economy and an unemployment rate under 4%. Pivoting doesn’t mean they’ll cut rates, it just means they’ll change their language describing the economy.

Mortgages 416
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Hot Off the Press: What Today’s Housing Numbers Mean for You & Your Clients

The Close

But when you look at these July 2023 housing market numbers in a broader context of year-over-year data, you can see the true impact of high interest rates and low inventory. What Does NAR’s Lawrence Yun Say? ” Dr. Lawrence Yun , Chief Economist, NAR July 2023 Data: Is the Housing Market Crashing?

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Top Ten: Discussion Points For The Fall Market!

Toronto Realty Blog

” So as amazing as summer was, and as much as it sucks to say goodbye to it, I was just about ready. So when I say I’m looking forward to getting “into a routine,” I mean one for my mind and body as well. To my running friends, I’ll say this: it was a tough year! Mark my words.

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5 Silver Linings for Home Buyers in 2023

HomeLight

Everything from stubborn inflation and increasing mortgage rates to potential home price declines could cause potential buyers to rethink a new home investment. However, despite many negative feelings about the housing market, experts say there are bright spots for home buyers to consider in 2023: 1.

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Does the Market Hate Everyone or Just My First-time Homebuyers?

The Close

Everyone talking about residential real estate is saying the same thing: We’ve never seen anything like this. Not even the wild ’70s inflation, the astronomical interest rates of the ’80s, or the housing crash of the aughts have prepared us for the current market. Effective Interest Rate 3.13 They (and you) are not alone.

Marketing 105
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6 Reasons the Housing Market Remains Seller-Friendly

HomeLight

With so much pessimism hovering over the 2023 housing market, many potential home sellers are worried about listing their home. If you’re thinking about selling, slowing home sales, lower prices, and higher mortgage rates could all be sparking doubts. As mortgage rates increased, it helped pour cold water on an unusually hot market.

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Who Has Questions About Interest Rates?

Toronto Realty Blog

Well, it appeared that within this 15-20 minute window, the Bank of Canada announced that they would raise the benchmark lending rate by 100 basis points, or a full 1.00%. One from a client: David, we just heard about the interest rate hike! What was going on? A hundred points! Ah, now the first message was in context.

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