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Hottest March In Housing History Ends With Signs Of A Cooldown

Location
Seattle, Portland, San Francisco
Publish Date
2022/05/02

March 2022 was the hottest March ever for the housing market. Homes sold at their fastest pace and for more above list price than any other March on record. The median home-sale price ↑ 6.2% MoM to an all-time high of $413K in March, the fastest since 2013.Economists believe the combination of surging mortgage rates and record-high home prices deeply affects the housing market.

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