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The US housing market is in the midst of a major shift. After two years of stratospheric price appreciation, home prices have peaked and are on their way back down.

Home prices are finally falling. But how low will they go? | CNN Business

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America’s most popular home loan got more expensive again this week, striking yet another blow to haggard home shoppers staring at the steepest borrowing costs in 20 years.

‘The numbers just don’t work’: While rising mortgage rates have some homebuyers giving up, others think they’ve found a workaround Rates near 7% are a tough ‘mental hurdle’ for homebuyers to overcome, one economist says.

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Mortgage rates retreated from their rapid ascent this week, but still remain near 15-year highs, stifling homebuyer demand.

Mortgage rates retreat slightly but remain near 15-year highs

"Home price appreciation has slowed dramatically in most markets," says Rick Sharga, executive vice president of market intelligence at ATTOM.

The major county in America where home prices just dropped the most is …

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Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage rates and rising prices made homebuying less affordable, further cooling the once red-hot housing market.

US home sales slipped, prices grew more slowly in August Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage rates and rising prices made homebuying less affordable, further cooling the once red-hot housing market. The National Association of Realtors said Wednesday that existing home sales f...

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