Redfin CEO Glenn Kelman says its hard to fault the Fed for overdoing rate hikes when there are other persistent sources of inflation.
For starters, the outlet said buying a house in the U.S. has become a luxury. It pointed to a Redfin report released Friday showing the medianpayment in the U.S. hit $2,605 a month in July, up 19% from a year ago and the most expensive ever.
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