Weekly Market Observations - July 3, 2024
Here’s Our Weekly Market Observations :
Pending home sales declined in May 2.1% MOM and 6.6% YOY
Apartment sales drop to 10 year low
Zillow estimates US housing shortage increased to 4.5 million
New housing starts & permits continue to decline
Average 30-year fixed mortgage rates down slightly to 6.86%
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