Home Sales Volume Drop 5.9% in October 2022 – Here’s What You Need To Know

“It’s a problem that has been getting worse,” said NAR Chief Economist Lawrence Yun. More and more people are being squeezed out of homeownership because they can’t qualify for mortgages at today‚Äôs high interest rates, he says it is worst in expensive areas or markets where prices have been on an upward trajectory over recent years.” The link below will help to evaluate the recent home sales issues.

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October Home Sale

October home sales were lowest in decade

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