Pictured are homes near the Chesapeake Bay in Centreville, Maryland, on March 4.
Mandatory Credit: Jim Watson/AFP/Getty Images via CNN Newsource
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The US housing market has had a tough year. Here’s what could save it
America’s housing market is finishing a year of high prices, sluggish sales and elevated mortgage rates. But there are factors that could give it a boost next year. The Federal Reserve began to slash interest rates in September, but mortgage rates have actually risen since then.
