

Weekly Market Observations - November 28, 2023

Here’s Our Weekly Market Observations :
More than 113k build-to-rent units under construction
Existing-home sales down 14.6% YOY in October while sales prices increase 3.4% YOY
Pending home sales reach highest level in a year
Mortgage applications increase to 6-week high
Average 30-year fixed mortgage rates down again to 7.29%
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