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Prices Soar, Sales Stall in Housing Market | Charleston News

Home prices hit a new record high in July despite a dip in sales, as affordability struggles from soaring mortgage rates over 6.5% and stubbornly low-rate homeowners holding off on selling create a market split — prices keep climbing while sales stall, with luxury homes seeing a big surge and budget homes falling behind, all while regional differences make it a buyer’s market in some places and seller’s paradise in others. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary…

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