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Fed Minutes Show Broad Support for `Gradually' Lowering Rates

Bloomberg Businessweek

CHAPTER

Current Trends in the Housing Market

This chapter examines the significant decline in new home sales, driven by affordability issues and the impacts of recent hurricanes. It highlights regional sales differences and discusses the ongoing housing shortage while exploring shifting consumer preferences towards smaller homes and affordable options. Additionally, the chapter delves into the complexities of real estate dynamics in markets like California and emerging regions like Delaware.

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