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It seems that the number of new listings has dropped in every county this week, most likely due to Easter/Spring break. Prices rose everywhere except for Hudson County. However, I'm never surprised by Hudson County's fluctuating market behavior.
The good news is that I have noticed that more homes are being listed this week than before, so I predict this data will flip back to positive levels in the next report.
I still wouldn't expect interest rates to drop any time soon. If they do, critics say not until Q3 2024, and it won't be that significant of a drop.
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