MARKET MOVERS

  • US housing enters deep freeze with sellers and buyers sidelined. Agents struggle to find listings as deals decline, mortgage rates remain high and signs point to leaner times ahead. Home sellers listed 24% fewer properties* in October compared with a year earlier, the fourth straight month with a drop: Zillow data. Purchases also sank and are now 17% below their levels in October 2019, before Covid hit.
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