Housing Market Update: Asking Prices Dip Amid Record-Low Demand
Median U.S. home asking price falls for the first time since March as mortgage rates remain high.
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Median U.S. home asking price falls for the first time since March as mortgage rates remain high.
Mortgage-purchase applications and pending sales rose in late April as the average 30-year rate fell to 6.23%, improving affordability and drawing more sellers to market.