A new study from Redfin revealed Americans are now hesitant to sell their homes as mortgage costs soar, due to many having low interest rates locked in amid nationwide inflation and ongoing economic uncertainty.
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Rent Growth Cools to Slowest Annual Pace in Over a Year
After more than a year of double-digit yearly rent gains, the U.S. median rental price in September posted its smallest year-over-year increase since last summer, further declining from its peak in July 2022.
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