IllustrativeHome sales stayed muted in June as affordability challenges persisted
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Home sales remained subdued in June due to ongoing affordability challenges. The housing market has been impacted by elevated mortgage rates, which are being driven by strong jobs data and inflation concerns. Home price growth has slowed, but affordability pressures continue to affect the market.
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