High Mortgage Rates Dampen Home Buying Amid Limited Inventory
A "For Sale" sign is posted outside a residential home in Seattle, Wash., on May 14, 2021. (Karen Ducey/Reuters)
A "For Sale" sign is posted outside a residential home in Seattle, Wash., on May 14, 2021. (Karen Ducey/Reuters)
A 'For Sale' sign hangs in front of a home in Miami, Fla., on June 21, 2022. (Joe Raedle/Getty Images)
A 'For Sale' sign hangs in front of a home in Miami, Fla., on June 21, 2022. (Joe Raedle/Getty Images)
A 'For Sale' sign hangs in front of a home in Miami, Fla., on June 21, 2022. (Joe Raedle/Getty Images)
A 'For Sale' sign hangs in front of a home in Miami, Fla., on June 21, 2022. (Joe Raedle/Getty Images)
A 'For Sale' sign hangs in front of a home in Miami, Fla., on June 21, 2022. (Joe Raedle/Getty Images)
New homes under construction at a housing development in Novato, Calif., on March 23, 2022. (Justin Sullivan/Getty Images)
New homes under construction at a housing development in Novato, Calif., on March 23, 2022. (Justin Sullivan/Getty Images)
A home is offered for sale by owner in Chicago, Ill., on Jan. 20, 2022. (Scott Olson/Getty Images)
A home is offered for sale by owner in Chicago, Ill., on Jan. 20, 2022. (Scott Olson/Getty Images)