“The U.S. housing market is stuck, and we are not convinced it will become unstuck anytime soon,” economists at Bank of America Global Research say of ongoing affordability issues.
Source: Inman News
BofA analysts cast doubts on prospects for 2025 sales rebound
Published in bank of america, doug duncan, economy, fannie mae, federal reserve, home sales, Jeseo Park, lawrence yun, Markets & Economy, mba, Michael Gapen, Mortgage, mortgage rates, NAR, new home sales and Select
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