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    US New Home Sales Drop in October Amid Higher Mortgage Rates

    Sales of new U.S. single-family homes fell more than expected in October as higher mortgage rates squeezed out buyers even as prices plunged, but the setback is likely temporary amid a persistent shortage of previously owned houses on the market.


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    Housing Is in an Affordability Crisis: Brown Harris CEO
    Brown Harris Stevens CEO Bess Freedman says the US housing market is in a bit of a quagmire but "it is not doom and gloom." She speaks on "Bloomberg Markets."
    Nov 27, 2023

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