New listings rose 8 percent toward the end of the year, but high mortgage rates and home prices have kept buyers on the sidelines as homes spend more time on market, reports say.
Source: Inman News
New listings rise while high rates tamp down homebuyer demand
Published in Agent, balanced market, Brokerage, home prices, home sales, homebuyer demand, homebuyer demand index, inman, market surge, Markets & Economy, mortgage bankers association, mortgage rates, pending sales, realtor.com, Redfin, Select and Taylor Anderson
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