Home prices this Fall will …

As mortgage rates rose to 7.63% – up from 7.57%, already a 23-year high – The question is, how will this affect already high home prices?

So far, the answer seems to be – not much.

Listings are still low as current homeowners are understandably reluctant to sell and take on a much higher mortgage rate.

Still, houses on the market are actually moving slightly faster than a year ago.

So all this means … ?

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