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Prices For Consumer Goods Are Rising Quickest in America’s Top Migration Destinations

Prices For Consumer Goods Are Rising Quickest in America’s Top Migration Destinations

The most popular U.S. migration destinations tend to have high rates of inflation. Atlanta, the 10th most popular migration destination in the fourth quarter, saw prices of goods and services increase by 8.9% year over year during the[...]
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Are We in a Housing Bubble? Homebuyers Say Yes, Redfin Expert Says No

Are We in a Housing Bubble? Homebuyers Say Yes, Redfin Expert Says No

Historically fast home-price growth has homebuyers and sellers worried the market has become detached from reality. But Redfin’s chief economist says rising mortgage rates and buyers who can afford their homes are preventing a[...]
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One-Third of Houses for Sale Are New Construction, an All-Time High

One-Third of Houses for Sale Are New Construction, an All-Time High

The share of newly built single-family homes on the market is at a record high as builders try to keep up with surging homebuyer demand fueled by low mortgage rates, low inventory and remote work. More than one-third (34.1%) of U.S.[...]
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Stifled By Supply Shortage, Home Sales Post Largest Monthly Decline Since Pandemic Onset

Stifled By Supply Shortage, Home Sales Post Largest Monthly Decline Since Pandemic Onset

Fewer homes than ever were for sale in December, driving seasonally-adjusted home sales down 3.6%. That’s the largest month-over-month sales decline since May 2020. Home prices surged 15% from a year earlier in December, the 17th[...]
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Nearly Half of House Hunters Would Feel More Urgency to Buy If Mortgage Rates Passed 3.5%: Survey

Nearly Half of House Hunters Would Feel More Urgency to Buy If Mortgage Rates Passed 3.5%: Survey

Almost half (47%) of house hunters say they would feel more urgency to buy a home if mortgage rates rose above 3.5%. A lower share (29%) would look for homes in different areas or consider smaller houses, while 14% would slow their search in[...]
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