Redfin Says Home Turnover Rate Is The Lowest In 30 Years, Here Are Cities Where Homes are Moving Fast

By Yahoo! Finance | Oct 4, 2024 at 02:14 PM EST

Redfin reports a slow housing market with low turnover rates due to high mortgage rates and prices. Despite falling rates, sales have not picked up. Some cities like Phoenix are seeing brisk sales, while California lags due to high prices and low turnover.

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