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America's New Housing Market Is All About Luxury—and It Runs on Cash

Affordability,Affordable Housing,Inflation,Inflation Rate,Mortgage Rates,Federal Reserve,Home Sales

Wall Street Journal (News)
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Wall Street Journal (News)
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Surging mortgage rates are sending many buyers to the sidelines, while affluent shoppers are driving overall prices higher with big cash purchases

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Housing Market Sees Declines in Sales and Construction

October 20th, 2026
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