It’s May, but the spring homebuying season has yet to bloom—and it may turn out to be a total dud.
Mortgage rates increased 15 basis points in April, while pending and existing home sales slumped in March. Though the median existing-home sales price edged lower year-over-year for the second consecutive month—a promising sign for home shoppers—substantial, nationwide price declines are likely not in the cards.
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https://www.forbes.com/advisor/mortgages/real-estate/housing-market-predictions/