House Hunters Take Note: the Blazing-Hot Housing Market is Finally Cooling Down

CBS News, May 27, 2022–Khristopher J. Brooks
The combination of rising mortgage rates and skyrocketing home prices have prompted some buyers to bail on the market entirely, thus lowering competition, economists say. With fewer people vying for the same house, asking prices and the number of homes being sold have taken a noteworthy plunge. (MBA mention)
https://www.cbsnews.com/news/home-prices-market-housing-costs-cooling/