1606 ET - Many people who were considering putting houses on the market are returning to "wait-and-see mode," Marcus & Millichap CEO Hessam Nadji told analysts. Tariff uncertainty and stubbornly high interest rates are putting everyone on guard, and the real estate services provider said its team is struggling to bring together buyers, sellers and lenders to close deals. The 10-year Treasury yield has moved by at least 50 basis points 15 times since March 2022, and each move affects real estate pricing and investor sentiment, Nadji said. As a result, there are more transactions falling out of contract. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
February 14, 2025 16:06 ET (21:06 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。