Slow Start To Spring Housing Market

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Usually as the weather heats up, so does the U.S. housing market. However, according to recent housing data, the market’s spring selling season is getting off to a slow start.

Despite expectations this past winter that warmer weather would rekindle growth, the market is seeing higher prices and mortgage rates, and a lack of houses for sale in some markets.

NPR Correspondent Chris Arnold discusses this slowdown with Here & Now’s Robin Young.


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