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Sales of Existing Single-Family Homes Sag Further, Supply Spikes to Decade High. Condo Sales Drop to Data-Low, Supply Spikes to 14-Year High

The average weekly mortgage rate, at 6.76%, is not high historically. Inflation is high. And home prices are high.

We haven't written up this one. Wolf Street has the full story — the link below goes straight to it.

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