Learn English: The Price of Homes is Going Up! (easy)

1 week, 6 days ago

The Price of Homes is Going Up!

The cost of getting a loan to buy a house has been going up for a long time now.

This means that fewer people are buying houses because it costs more to borrow the money.

People are waiting to see if the prices will go down before they buy a house.

It's like waiting for a toy you want to go on sale before you buy it!

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Source

Original: Fox Business

Tags

#mortgage rates #housing market #real estate #economy #interest rates

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