We're in a 'housing recession,' experts say. Here's what that means for homeowners, sellers and buyers - CNBC

While home sales last month were down more than 20% from a year earlier, prices are up more than 10% and demand remains strong despite a slowdown.

Just months ago, the housing market remained in overdrive: surging home prices, historically low interest rates and unrelenting demand. However, data now suggests to some experts that the market is i… [+3502 chars]

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