Market Speed Decelerates Again in August but Could Pick Up in September

The real estate market decelerated for the fourth consecutive month in August, but lower mortgage rates could spur buyers to pick up the pace slightly in September. As we said in our August Bidding Wars Report, the competitive landscape in the housing market has changed drastically since this spring. With elevated home prices and mortgage rates, buyers are competing less vigorously.

For the full report, visit Redfin’s Research Center.

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Discussion

  • skyeearth.in

    You have came up with a very valuable information about real estate market..i always keep myself updated with such information. Market will definitely get into pace in coming future.