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Fortune
Fortune
Sydney Lake

Oxford Economics says the crumbling housing market will continue deteriorating because of two key factors

Oxford Economics United States Economy Housing Market Matthew Martin Home Prices
Overhead aerial view of newly built detached housing (Credit: Getty Images)
  • The housing market continues to struggle with high mortgage rates and home prices, driven by years of undersupply and slow home construction. Builders face higher costs and labor shortages, and home price growth is expected to slow this year as sellers pull homes off the market.

If you thought the housing market was bad enough: Buckle up. 

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