Zillow: Home prices plateau as mortgage rates chill market

Econ & Housing, The Daily Buzz

istock.com/Andrii Yalanskyi SEATTLE — Buyers and sellers are both stepping away as skyrocketing mortgage rates have settled the housing market into a more balanced state, according to the latest Zillow market report. Home values remained nearly flat in October as new inventory waned and sales continued to fall from the pandemic frenzy. “Home prices in…

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