As summer ends, the housing market faces mixed signals: shelter costs rose 3.7% year-over-year, while market rents fell 2.5%, indicating a lag in inflation relief. Mortgage rates dropped to 6.58%, but most homeowners have rates below 6%, limiting turnover. Home prices remain steady nationally, with rising listings and inventory. Luxury markets like Las Vegas see increased high-end listings and price pressure. Top school districts remain a key factor in housing demand.
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