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What Weak Home Sales Mean for Investors

WSJ's Take On the Week

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Navigating the Challenges of the Spring Housing Market

This chapter examines the current state of the housing market as the spring buying season nears, focusing on the hurdles potential buyers face with high prices and interest rates. The discussion employs a four-pillar framework to analyze shelter demand, housing supply, affordability, and mortgage credit, highlighting the 'lock-in effect' that affects sellers and keeps inventory low.

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