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America’s second-hand house worth decline in April for the primary time in about 11 years | NHK

Last month’s second-hand house costs within the United States fell for the primary time in about 11 years in comparison with the identical month within the earlier 12 months, and the downward pattern in house costs has develop into clear.

This is as a result of drop in demand resulting from housing mortgage rates of interest remaining excessive following fast rate of interest hikes.

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