Homebuyers and sellers on the sidelines
Update: 2025-09-19
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Zillow reports that new listings fell to a record low in August, with sellers putting about 7% fewer homes up for sale than in July. Meanwhile, homes are staying on the market longer than a year ago, and home prices are barely growing in most markets. What's going on? Plus, Harvard economist Jason Furman cautions that we could get stuck in slow monthly job growth as a result of immigration policy.
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