Home Listings Surge as Rising Mortgage Rates Push Some Buyers to Sidelines

MoneyWatch, June 30, 2022–Megan Cerullo
New housing inventory grew rapidly in June as the recent spike in mortgage rates pushed some buyers to the sidelines. That’s easing an acute supply shortage, but affordability continues to be a headache for house-hunters, given the combination of rising rates and record-high asking prices.
https://www.cbsnews.com/news/home-listings-surge-ease-inventory-shortage/