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US Home Sales Plunge 5.9% Amid Price Surge

5/26/2025

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Summary

Story summary

Soaring home prices and elevated mortgage rates are putting the brakes on the US housing market, leading to a 5.9% decline in existing home sales from February to March 2025. While Berkshire Hathaway anticipates a rebound in the latter half of the year, caution lingers over possible market crashes in specific regions.

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Story summary

Soaring home prices and elevated mortgage rates are putting the brakes on the US housing market, leading to a 5.9% decline in existing home sales from February to March 2025. While Berkshire Hathaway anticipates a rebound in the latter half of the year, caution lingers over possible market crashes in specific regions.