Did the housing market just hit a bottom? New data reveals home sales hit their lowest point in 28 years in 2023

Did the housing market just hit a bottom? New data reveals home sales hit their lowest point in 28 years in 2023

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Just when the U.S. housing market showed signs of thawing, brutal new data revealed a pretty dysfunctional market in 2023: existing home sales dropped to their lowest level since 1995 at just 4.09 million transactions. That’s a worse figure than the entire Global Financial Crisis, famously caused…

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