Commercial Property Sales Slow as Rising Interest Rates Sink Deals

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Commercial real estate is showing the first signs of cooling in more than a year, as higher borrowing costs narrow the pool of buyers WSJWhatsNow

With the average 30-year mortgage rate rising to 5%, home ownership may now be out of reach for millions more Americans. WSJ’s Dion Rabouin explains the impact for potential buyers, sellers and the housing market.

Illustration: Adele Morgan
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