Housing market exhibits indicators of cooling as residence sales fall in June

Housing market exhibits indicators of cooling as residence sales fall in June

As mortgage rates rise, the selection of homes being supplied is losing. Existing residence sales fell 5.4% in June. However housing costs are serene serene rising and reaching historic ranges. Jessica Lautz, vp of demographics and behavioral insight at the National Affiliation of REALTORS, joins CBS Info to focus on the most up-to-date housing document.

#news #housing #realestate

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