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Indiana home sales slowed in August amid high mortgage rates

Original: Indiana home sales slowed in August, with lower prices but higher mortgage rates

Indiana's housing market cooled in August, with home sales slowing and prices ticking lower even as mortgage rates remained elevated. Higher borrowing costs are being cited as a drag on buyer demand, leaving sellers facing softer prices. The figures suggest affordability pressures are reshaping the state's real estate market heading into the fall.

Why now: Elevated mortgage rates are making housing affordability a live concern for buyers and sellers right now.

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• Indiana home sales slowed in August, with lower prices but higher mortgage rates · Inside INdiana Business

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