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@ Wolf Street (RSS Feed)
2025-04-24 18:52:16
Sales of Existing Homes Drop to Worst March since 2009. West, South, Midwest, Northeast All Get Crushed. Supply Surges to Highest since 2016
The 3-year 50% price explosion caused epic demand destruction. Prices way too high. But mortgage rates back in the historically normal range above 6%.
https://wolfstreet.com/2025/04/24/sales-of-existing-homes-drop-to-worst-march-since-2009-west-south-midwest-northeast-all-get-crushed-supply-surges-to-highest-since-2016/