The US spring selling season is off to a slow start, with reported home sales for March falling below the monthly average. However, active listings also spiked 25% in the same month, with the increased supply likely to add fresh momentum to the market. Despite mortgage rates touching 25-year highs, Fannie Mae has forecast an overall rise in sales this year of 5%, to 5 million units. Here’s what you need to know about the outlook for crucial spring selling season. Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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