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SK Realty

The U.S. housing market faces a "Great Reset" with 30-year mortgage rates around 6% and slowed GDP growth, causing a cooling after the 2025 recovery. Builder sentiment remains pessimistic, with incentives and price cuts common. Wage growth now outpaces home price increases, improving affordability, but upfront costs remain a barrier. The market awaits economic stabilization and potential rate cuts for recovery.

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