Housing Market Starts to Cool

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Business
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9th - 10th Grade
•
Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What trend is the real estate market currently experiencing?
A significant increase
A slight cooling
A rapid decline
No change
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the median price of existing home sales in August?
$400,000
$450,000
$358,000
$300,000
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the current percentage of first-time buyers compare to last year?
It has increased
It is not mentioned
It has decreased
It has remained the same
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How long are new homes typically on the market before being sold?
5 days
30 days
17 days
10 days
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the two-week mark in the context of new home sales?
Homes are typically renovated after this time
Homes are listed for a discount after this time
Homes are usually sold before this time
Homes are withdrawn from the market after this time
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