Housing Market Swells: Listings Surge 27% Amid High Mortgage Rates

Explore how a 27% increase in home listings and mortgage rates over 7% are affecting the housing market. Understand the potential impact on purchase demand.

A visually appealing image of a suburban neighborhood with 'For Sale' signs prominently displayed in
Housing Market Swells: Listings Surge 27% Amid High Mortgage Rates

The number of homes on the market is 27% higher than a year ago, with a potential impact on purchase demand due to mortgage rates over 7%.

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