Almost half a million properties were put on the market between April and June this year, the highest since 2018.

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Jennifer Livingston, the president of the St. Paul Area Association of Realtors, says many of her clients are hunkering down, staying in their homes, hoping those mortgage rates will fall.

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High interest rates hurt Long Island’s housing, job market and growth. Martin Cantor argues it’s time for the Fed to cut rates to aid economic recovery.