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Housing Market Holds Its Breath | Real Estate News
Description
Summer’s housing market is holding steady—prices flat from May to June, a tiny uptick in April, and no dramatic swings. Nationally, values hover near pandemic highs despite high mortgage rates and sluggish activity. But locally? It’s a wild ride: Chicago’s up 6%, Denver’s down 3%. The key? Supply. Tight inventory drives prices up in hot markets like Chicago and Pittsburgh, while oversupply pushes prices down elsewhere. Experts predict steady year-over-year growth through 2026—supply and demand, in full effect.
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