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Friday, April 26, 2024

Home prices could fall faster if once-reluctant sellers flood the market with more supply before the downside worsens, economist says

A decline in home prices could pick up speed if once-reluctant sellers start flooding the market with more supply in a rush to get ahead of further downside. That’s according to Pantheon Macroeconomics senior US economist Kieran Clancy, who pointed out that while home sales and construction have …

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