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BlogsInvested Agents NewsletterWeekly Market Observations - July 3, 2024

Posted 12 months ago

Weekly Market Observations - July 3, 2024

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Here’s Our Weekly Market Observations :

Pending home sales declined in May 2.1% MOM and 6.6% YOY

Apartment sales drop to 10 year low

Zillow estimates US housing shortage increased to 4.5 million

New housing starts & permits continue to decline

Average 30-year fixed mortgage rates down slightly to 6.86%

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