@SeattleRainM to Housing Bubble 2: Return of the Ugly English • 4 months agoUS home sales crumble in May on higher rates and record prices, says Redfinwww.reuters.commessage-square4arrow-up18arrow-down12
arrow-up16arrow-down1external-linkUS home sales crumble in May on higher rates and record prices, says Redfinwww.reuters.com@SeattleRainM to Housing Bubble 2: Return of the Ugly English • 4 months agomessage-square4
minus-square@RestrictedAccountlinkEnglish0•4 months agoThis headline is misleading Af The number of homes for sale remains roughly 25% below pre-pandemic levels, according to Redfin. People not wanting to sell is not anything like a collapse of a market. It is the opposite. It shows the true utility of the good is below the price.
minus-square@SeattleRainOPMlinkEnglish1•4 months agoSales are way down as well as a percentage of home that are for sale on the market.
This headline is misleading Af
People not wanting to sell is not anything like a collapse of a market. It is the opposite. It shows the true utility of the good is below the price.
Sales are way down as well as a percentage of home that are for sale on the market.