Existing-home transactions have remained in the bottom quarter of historical turnover for four straight years, constrained by high mortgage rates and locked-in homeowners, while new-home sales hold closer to pre-pandemic levels.
U.S. Existing-Home Sales Stuck at Four-Year Low as Turnover Hits Historic Floor
Existing-home transactions have remained in the bottom quarter of historical turnover for four straight years, constrained by high mortgage rates and locked-in homeowners, while new-home sales hold closer to pre-pandemic levels.
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