【Zillow】Home Price Plateau Continued in October While Rising Interest Rates Chilled Sales (October 2022 Market Report)

• The typical U.S. home value climbed 0.1% in October from September
• The number of newly pending listings in October dropped a whopping 35.1% compared to last October.
• Active inventory’s rebound stalled out at a mere 1.8% year-over-year increase in October.
• Rising mortgage rates continued to put pressure on buyers’ budgets.

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