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Prices Soar, Sales Stall in Housing Market | Salt Lake City News

Home prices hit a record high in July despite a slight dip in sales, as affordability struggles with mortgage rates over 6.5% and stubbornly low-rate homeowners holding off from selling. While luxury homes saw a 15% sales surge, budget homes fell — and experts warn the market is splitting into two very different directions, with regional differences making it even harder to pin down what’s really happening nationwide. 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 based…

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