What is the outlook for the housing market?

What is the outlook for the housing market?

(Photo by David McNew/Getty Images) Getty Images Key points to remember Home sales fell for the ninth consecutive month, with transactions down 28.4% from the same period last year. Average prices also fell, reaching $379,100 from $413,800 in June. This comes as mortgage rates continue to rise rapidly, hovering around 7% from less than 3% …

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