Typical US Home Taking 2 Months to Sell, Slowest Pace in 5 Years, Report Says

By Naveen Athrappully Homes in the United States sold at the slowest pace in almost half a decade last month as elevated mortgage rates and high prices impacted buyers, according to real estate brokerage Redfin. For the four weeks ending Jan. 26, “the typical U.S. home listing that went under contract sat on the market for 54 days before the seller accepted an offer…

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