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The average US home price could spike 20% to a record $500,000 if the Fed cuts interest rates too soon, expert says [Business Insider]

PulteGroup, Inc.  (PHM) 
Last pultegroup, inc. earnings: 4/23 06:30 am Check Earnings Report
PDF Pulte pointed to rising housing costs and a potential buying frenzy if mortgage rates drop. The average price of a home could soar to over $500,000 if the Federal Res [Read more]