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SOTS 2nd Hour: 6/26/25

Squawk on the Street

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Housing Market Trends and Political Impacts

This chapter explores recent data on the housing market, noting a rise in pending home sales amidst high mortgage rates and a growing inventory of homes. It also examines how New York's political environment influences its real estate sector and economic investment, discussing the potential ramifications of socialist policies and rising taxes on business operations in the city.

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