By Helen Adams Realty - July 12, 2022
Canopy Realtor® Association Market Updates
Reprinted from June 2022 CRRA Monthly Indicators.
Rising inflation, soaring home prices, and increased mortgage interest rates have combined to cause a slowdown in the U.S. housing market. To help quell inflation, which reached 8.6% as of last measure in May, the Federal Reserve raised interest rates by three-quarters of a percentage point in June, the