Business & Economy · 5 views
It’s a rough housing market, and Goldman Sachs expects it to get worse
As bad as it is for the housing market — starts and transactions basically flat for the last three years with mortgage rates over 7%— it can get still get worse.
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Housing market activity has remained flat for the past three years, with mortgage rates staying above 7%. Goldman Sachs warns that the situation could deteriorate further.
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