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Housing Market Momentum Stalls as Critical Spring Season Approaches
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Rising mortgage rates are cooling the U.S. housing market, sapping recent buyer interest heading into the crucial spring selling season.
Economists, home builders and real-estate agents saw evidence of a thaw in early 2023, when rates declined from over 7% in November to 6.09% in early February. That was enough to lure back some buyers who had adjusted to higher borrowing costs.
Read more on wsj.comAbout this in other media
Economy Week Ahead: U.S. Interest Rates and Housing Market in Focus wsj.com /1 year ago
Economy Week Ahead: U.S. Interest Rates and Housing Market in Focus wsj.com /1 year ago
Why is Bitcoin rising amid collapsing banks? Watch The Market Report cointelegraph.com /1 year ago
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