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Housing market inertia grows as 48% skip moving plans, Point finds

Nearly half of U.S. homeowners did not consider moving in the past 12 months, a sign of growing housing market inertia even as mortgage rates have eased from recent highs, according to a new study from home equity financing platform, Point.

The share of homeowners who said they did not consider moving rose to 48%, up from 41% two years ago, the study found.

At the same time, the reasons behind the slowdown are shifting. About 29% of homeowners who canceled moving plans cited life circumstances such as job loss, family changes or caregiving responsibilities, nearly double the 16% reported details ⇒

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