Housing Market Set to Unfreeze Soon, Predicts Bessent

In a fresh forecast for the housing market, Doug Bessent, a prominent figure in investment management, has shared his insights suggesting that significant changes are on the horizon. Bessent anticipates that the stagnant housing market will soon "unfreeze," potentially within the next few weeks. This perspective comes at a critical time as economic indicators signal a shift in inflation rates and consumer confidence.

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