Sellers are 'losing their grip' on the housing market as home prices cool, research firm says
AP Photo/Elise Amendola
- Sellers are quickly "losing their grip" on the housing market, according to Capital Economics.
- That's because home prices are cooling, thanks to more inventory staying on the market.
- Still, the research firm is forecasting a 5% surge in home prices by the end of the year.
Sellers are losing their advantage in the US housing market.
That's because higher levels of inventory are starting to weigh on home prices, according to the research firm Capital Economics.
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