America’s New Housing Market Is All About Luxury—and It Runs on Cash
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Home prices are declining in 36 of the 50 largest U.S. metropolitan areas as mortgage rates hit year-long highs and buyer demand cools.
A shifting US housing market sees homes selling below asking prices in 38 of the 50 largest cities, though affordability remains a critical barrier.
U.S. homebuyers are facing a difficult dilemma as home prices accelerate even while mortgage rates remain above 6.5%.
The housing market’s power shift from sellers to buyers forces Americans to rethink their biggest financial move of the year.