Record mortgage rates killed existing home sales in November
Housing Wire
DECEMBER 21, 2022
“In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” Lawrence Yun, NAR’s chief economist, said in a statement. Plus, available housing inventory remains near historic lows.”. million homes, which represents 3.3
Let's personalize your content