WHAT'S AHEAD FOR THE HOUSING MARKET

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Due to “higher-for-longer” interest rates and lack of inventory, home sales are projected to rise only slightly throughout most of the country. The annual national average price has been in the $680,000 to $700,000 range for the past three years Due to “higher-for-longer” interest rates and lack of inventory, home sales are projected to rise only slightly throughout most of the country. The annual national average price has been in the $680,000 to $700,000 range for the past three years