The U.S. housing market accelerated in March despite elevated mortgage rates reducing some of the affordability improvement the market had recently seen, according to a new report.Zillow released its market report for March which found that newly pending home listings increased 4.6% from a year ago in March.That increased the number of listings to the second-largest monthly total since the end of the pandemic boom in August 2022, which Zillow said was a positive sign for the market as the home shopping season begins in earnest.The housing market's uptick occurred despite mortgage rates increas...
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