Housing Market Tracker: Still no spring inventory lift
Housing Wire
APRIL 3, 2023
Active inventory fell by 3,141, and new listing data fell again and is still trending at all-time lows. Even though the Gandalf line in the sand (3.37%-3.42%) held firm and the 10-year yield reversed higher, it didn’t reverse with much of a kick this time, closing Friday below 3.50%. Mortgage rates rose to 6.57%.
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