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Story summary
- America's housing market remains stagnant as renters feel unprepared to buy.
- In September, 15% of home-purchase agreements were canceled due to buyer hesitancy from rising layoffs and higher insurance costs.
- Developers struggle to gauge demand, widening the supply-demand gap.
- Efforts to integrate data systems aim to streamline the home-buying process, while shared equity and community land trusts rely on accurate data.
