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This squeeze will most likely slow builder production, increasing demand within already limited inventory, he said.
Rates are more volatile than weve seen post-pandemic, with sharp swings driven by market uncertainty, he said.
While we still expect rates to flatline by the end of 2025, the near-term outlook is unpredictable.
Inflation Will Likely Slow Home Sales
Those looking to sell this spring may have a difficult time.
Affordability is getting tighter, and for a lot of people, that could mean pressing pause on homebuying.
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