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Yet, for-sale listings are stagnating as active listings rose for 14th consecutive month in December
Rising home prices and low mortgage rates contribute to historically low housing turnover across U.S.
New home listings in December 2024 were up nearly 8% compared to last year
As monthly mortgage payments have tripled, renters have remained in place longer and more frequently
Yet, a growing number of stale listings highlights buyers' affordability threshold
Average rates for 30-, 15-year FRMs now similar to this time in 2023, Freddie Mac analysis finds
