Housing Market Trends 2022: Home Prices and Sales
Marco Santarelli
JULY 11, 2022
The surprising uptick in sales of new single-family houses in the United States in May is likely to be short-lived as home prices continue to rise and the average contract rate for a 30-year fixed-rate mortgage hits 6 percent, decreasing affordability. The average rate for a 15-year fixed mortgage is 4.94
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