A new report illustrates just how stuck the housing market is | CNN Business
www.cnn.com
Just 2.5% of homes in the US changed hands this year in the first eight months, the lowest turnover rate in at least 30 years, according an analysis by Redfin.
  • ryathal@sh.itjust.works
    1·
    5 hours ago

    It’s going to require massive amounts of new construction to make an impact. People aren’t leaving rates in the 2s or 3s unless forced to. There’s still the shortage of new homes from COVID, that’s probably never going to be filled.