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Posted almost 2 years ago

Weekly Market Observations — July 12, 2023

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Here’s Our Weekly Market Observations :

NAR reports US home showings down 4% YOY in May, the lowest in nearly a decade

New construction sales increase 12.2% in May while resales decline

Home prices expected to grow “convincingly” in 2024

Average 30-year fixed mortgage rates up slightly to 6.81%



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