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Interest rates and high prices seem to be cooling off the housing market

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A "For Sale by Owner" sign is posted in front of property in Monterey Park, California on April 29, 2020. - Home prices in the US grew in February to its highest level in over a year heading into the traditional Spring selling season but momentum in the nation's housing market has been reversed due to the coronavirus pandemic. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

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The superheated housing market is finally cooling down

by Mitchell Hartman Aug 19, 2022
Higher home prices and the Federal Reserve's efforts to curb inflation are responsible for much of the slowing market.

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