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Cooling Home Prices Stalls Economic Growth - The MortgagePoint
Summary by themortgagepoint.com
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1 Articles
Cooling Home Prices Stalls Economic Growth - The MortgagePoint
Moderate price increases are being offset by rising costs, high interest rates, and stretched affordability, limiting actual gains in housing wealth, with Dr. Selma Hepp, Cotality’s Chief Economist, noting that “home prices this year have experienced the slowest rate of growth since the Great Financial Crisis of 2008.”
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