Discover the impact of mortgage rates exceeding 7% on the housing market, with March witnessing the sharpest monthly decline in home sales in over a year. Learn more about the challenges facing the real estate industry. Read more.
The U.S. housing market is experiencing a downturn as mortgage interest rates climb above 7%. March recorded the sharpest monthly decline in home sales in over a year, intensifying pressure on the industry amidst ongoing uncertainty surrounding real estate commissions. For detailed insights, visit: