The Fed Just Paused Interest Rate Hikes—What Does That Mean for Home Prices?
Pro Builder
JUNE 20, 2023
from this time last year, and cities such as Austin, Texas, and Phoenix are seeing double-digit declines, but without an increase in housing inventory, experts say home prices will remain elevated throughout the remainder of 2023. Buoyancy in the national average home prices is largely due to record-low inventory levels.
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