Weekly Housing Market Update: Climbing Home Sales Are a Bright Spot as Mortgage Rates Tick Up

Mortgage rates might be ticking up, but there is a bright spot on the horizon as existing-home sales climb. In October, existing-home sales climbed to 3.96 million and grew on a year-over-year basis for the first time since July 2021. The median price of homes sold climbed and inventory also grew, keeping the market in

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