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Here's why the housing market is hurting so much this summer

Mortgage rates are high, home prices at record levels and consumers stressed. These are all contributing to a drop in existing home sales and builder sentiment.

Here's why the housing market is hurting so much this summer

Published July 16, 2026 · Category: Finance

Overview

Mortgage rates are high, home prices at record levels and consumers stressed. These are all contributing to a drop in existing home sales and builder sentiment.

Source

Originally published at www.cnbc.com.

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