The housing market's 'chicken and egg' problem could mean falling prices

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The housing market faces a 'chicken and egg' problem' that could mean home prices start to fall

those buyers who are willing to pay high rates

"Many sellers report being concerned about finding another home, which may cause some of them to put plans to list on pause," Realtor.com chief economist Danielle Hale said."But this reduces the total number of options for buyers in the market." Still, in Hale's view, it's possible that home prices will climb in June, as they tend to do this time of the year, before falling.

 

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