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U.S. Housing Market Hits Record $698B in Home Listings Amid Economic Pressures
U.S. Housing Market Hits Record $698B in Home Listings Amid Economic Pressures
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The U.S. housing market faces a stark reckoning as home listings surge to a historic $698 billion, according to Redfin’s 13-year analysis. Rising prices and dwindling demand have collided, pushing the average homebuyer age to 56—a symptom of broader economic fragility.
Macroeconomic headwinds, including ballooning national debt, are exacerbating the crisis. While inventory isn’t the primary constraint, affordability barriers are reshaping homeownership demographics. The data paints a sobering outlook for property markets already strained by inflationary pressures.
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