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As Federal Reserve hikes rates, housing prices and new listings decline

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As Federal Reserve hikes rates, housing prices and new listings decline – CBS News


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Home prices are on a decline as the Federal Reserve continues to raise interest rates to tame inflation. Skylar Olsen, chief economist at Zillow, joined CBS News’ Catherine Herridge to discuss how rising interest rates are affecting the housing market and what homeowners and home buyers should do.

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