The U.S. housing market weakened in January for the 12th straight month as continued high mortgage ratesSales of previously owned homes, which make up most of the housing market, fell 0.
7% in January from the prior month to a seasonally adjusted annual rate of 4 million, the slowest since October 2010, the National Association of Realtors said Tuesday. January sales fell 36.9% from a year earlier.
Almost time to buy more rentals.
Sectors of our economy continue to deteriorate with inflation and high interest rates. We may not be in a recession but it feels like it.
Yes, but they didn't fall enough for them to be affordable by most Americans.