Worst Stock Sell-Off Since 2022, AI-Proofed Portfolio, and Luxury Sector Slowdown 7/25/24
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Analysis of New Home Sales, Price Trends, and Affordability in Housing Market
The chapter delves into the recent reports of lower-than-expected home sales in June, attributed to high interest rates impacting affordability. It also analyzes the slower rate of home price appreciation during the same month, and discusses the implications of mortgage rates on the home buying market.
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