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  • NEWS Desk Global

BAY AREA HOUSING PRICES AND SALES FALLING


It's a paradox, but housing prices and housing sales in the Bay Area are falling.

There appear to be several factors at play with the current housing market. For one thing, rising mortgage rates make it more expensive to buy a house even as prices are starting to come down. Also, the threat of a potential recession is making many would-be homebuyers think twice about a big financial commitment.

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