THAWING HOUSING MARKET NOT YET LIQUID ENOUGH TO JUMP-START SALES
https://s.yimg.com/ny/api/res/1.2/uFMZW1v9IQw1Yvtv_kjreQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/the_daily_upside_435/cc9b754f453de7883f43d969b4247131
✍️ The US housing market is expected to remain weak due to high mortgage rates and economic uncertainty, with builders like D.R. Horton reporting a decline in sales and average sales price.
👉 The US housing market is expected to remain weak due to high mortgage rates and economic uncertainty 👉 D.R. Horton, the nation's largest homebuilder, reported a decline in sales and average sales price 👉 The supply of existing homes is approaching pre-pandemic levels, but many are priced above what most buyers can afford 👉 The Federal Reserve lowered its benchmark interest rate by a quarter-point in response to growing concern about employment 👉 The unemployment rate in the US ticked up to 4.3% in August, the last month for which the government collected data before a shutdown
-- #BillMurray #PaulRomanowski #JeromePowell #KenSimonson #AnirbanBasu #NadiaEvangelou #MatthewMartin #Punxsutawney #US #Florida #NorthCarolina #SouthCarolina #Alabama #Texas #DesMoines #Omaha #KansasCity #Tennessee #Colorado #OxfordEconomics #business
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