Despite March's Home Sale Slump, Prices Grow At Fastest Clip Since '13
Nearly 4 percent fewer homes sold in March than did the month before, after accounting for seasonal factors. Prices rose by 6 percent.
Source: inman.com
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Nearly 4 percent fewer homes sold in March than did the month before, after accounting for seasonal factors. Prices rose by 6 percent.
Some renters saving for a down payment and unable to buy find that recent rent increases are eating away at savings and forcing them to stay where they are.
For potential entry-level homebuyers, the situation has gotten worse in the last year, thanks to rising inflation and mortgage rates ticking up.