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Housing markets entered summer in a strange holding pattern: home prices keep setting records, but the ground beneath them is shifting. In the US, existing home sales fell 2.4% in June to a 4.09 million annual rate, even as the median price hit an all-time high of $440,600 — the 36th straight month of yearly price gains, per NAR data. Goldman Sachs calls the market "stabilizing but subdued." The real story isn't the price record; it's that **wages are...
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