Housing Market Troubles

(Chicago, IL) — Previously owned homes aren’t selling as fast as before. The National Association of Realtors says they fell by five-point-four percent in June compared to May. When comparing it to June of last year, the drop was even more pronounced at 14-point-two percent. The group’s chief economist says “it is clearly due to the plunging affordability.”

Steven Anthony/jtw Copyright © 2022 TTWN Media Networks Inc.

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