HomeFinanceHousing market chills as rates surge

Housing market chills as rates surge

A man sits on the top step in front of his house

Kyle Tomcak sits in front of his house in Aurora, Colorado, on July 18. Tomcak, like many prospective homebuyers, dropped out of the housing search after consistently being outbid and discouraged by rising rates. (AP Photo: Thomas Peipert)

July 21, 2022
3:38 pm

It’s the summer that cooled off the housing market.


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