US EditionWhat’s Behind California’s Frozen Housing Market?
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What’s Behind California’s Frozen Housing Market?
This story was originally published by CalMatters. Sign up for their newsletters. The national housing market is stuck in a post-pandemic rut. Prices and interest rates have stalled out at unaffordable highs, keeping buyers at bay. Sellers, unable to fetch the still-higher prices they want, are backing out of the market in droves. The result is a housing market stuck in molasses, with a slow down in new listings, stagnant sales and an uptick in …
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