Brown Harris Stevens CEO on the Housing Market in 2025

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US new-home construction unexpectedly fell in November. Inventory now stands at the highest level in nearly 17 years. High borrowing costs have constrained demand for the sector, even as the Fed is expected to lower their benchmark rate for a fourth straight time this afternoon. Bess Freedman, CEO of luxury real estate brokerage, Brown Harris Stevens. (Source: Bloomberg)

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