Wells Fargo says home sales aren’t far off from levels seen in the wake of the Great Recession

Wells Fargo notes that home sales are approaching levels similar to those observed after the Great Recession.

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  1. It’s concerning to hear that home sales are nearing levels comparable to those following the Great Recession. This suggests significant challenges in the housing market, such as rising interest rates, affordability issues, and possibly economic uncertainty. It’s essential to monitor these trends, as they can have a ripple effect on the broader economy. What do you think might be contributing to this slowdown? Are there specific policies or measures that could help stabilize the market?

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