The U.S. housing market continues to weaken, as potential buyers face stubbornly high mortgage rates, elevated prices and limited supply of listings.
Sales of previously owned homes fell 4.9% in Jan… [+2381 chars]
Home sales drop sharply as prices hit an all-time high for January - CNBC
The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest price ever for the month of January.
By:Diana Olick
Source:CNBC
Published:
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