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Market Impact: 0.15

It's a rough housing market, and Goldman Sachs expects it to get worse

Source: marketwatch.com

Housing & Real EstateInterest Rates & YieldsEconomic Data
It's a rough housing market, and Goldman Sachs expects it to get worse

Housing starts and transactions have been basically flat for the last three years while mortgage rates have remained above 7%. The article warns the housing market could deteriorate further, without providing a specific forecast or figures.

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