Rapidly rising rates and inflation rates last seen 40 years ago pushed more away from the housing market in August, as S&P CoreLogic Case-Shiller reported continued declines in nationwide price gains.
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Q1 Ends With U.S. Home Prices on the Upswing
Homebuying reached new highs in March, as buyers clamored to lock in rates and close deals prior to a spike in mortgage rates amid inflationary concerns.
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