Existing Home Sales (September 2023)
Sales of existing homes hit a 13-year low in September as low inventory and elevated mortgage rates remain key headwinds for buyers. Yet, homes are still selling quickly (avg. 21 days on market) and prices are still up year-over-year due to the “pressing need for more housing supply.” #homebuyers #homesellers #homesales #realestate #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow
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