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CnbcSaturday, August 8, 2026
The K-Shaped Housing Market: Luxury Booms While Starter Homes Stall
Executive Summary & Bullet Takeaways
01
Luxury home sales are surging while entry-level starter homes face declining sales.
02
Starter-home inventory is actually rising, accompanied by an increase in price cuts.
03
High mortgage rates and persistent inflation continue to squeeze first-time buyers.
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Household Impact & Perspective
“It is brutal out there for our kids trying to buy their first homes right now. We want them to build equity and move out of our basements, but high rates are keeping the American Dream on ice for the next generation.”
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