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New listings of US homes down 5.4% year-over-year in January, with median list price up 8.1% to US$400,000; housing inventory increased 65.5%, while a typical home sold in 75 days, 13 days more than January 2022: Realtor.com

US homebuyers with a US$2,500 monthly housing budget can afford a US$400,000 home as mortgage rate dips below 6%; buyers with this budget can afford to spend about US$35,000 more on a home than in November: Redfin

US home prices fell 0.6% month-over-month in November, up 7.7% year-over-year, with Miami, Tampa and Atlanta registering the highest annual gains; annual gain was lower than the 9.2% increase in October: S&P CoreLogic Case-Shiller Index

John Burns survey finds 75% homebuilders buying down buyers' mortgage rates to make payments more affordable; such incentives encouraging more consumers to consider buying new homes versus existing homes, as resale market can’t compete with those offers

US homeownership rate in Q4 2022 was 65.9%, not statistically different from Q4 2021, 65.5%; national vacancy rates were 5.8% for rental housing and 0.8% for homeowner housing: Dept. of Commerce

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