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Wells Fargo: U.S. Housing Market Stalls at 4MM Sales as Affordability Crisis Persists

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Houses from an aerial perspective
Photo by Blake Wheeler on Unsplash
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August data shows resales down 0.2 percent as mortgage rates and rising prices continue to squeeze buyers The American housing market's recovery remains stuck in neutral, as buyers continue to grapple with financial obstacles that have kept transaction volumes near historic lows for more than a year. Existing home sales edged down 0.2 percent in […]

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