![](/static/253f0d9b/assets/icons/icon-96x96.png)
![](https://lemmy.world/pictrs/image/c47230a8-134c-4dc9-89e8-75c6ea875d36.png)
Do we know where the sales mostly came from?
Random speculation: Could be banks needing to pull out of the market due to the Fed signaling September rate cuts due to the higher-than-expected unemployment report. This will cause a drop in yield for savings, which would cause people to reduce what they have in those accounts.
I’m a homeowner and I support this message. Couldn’t afford the house I live in today and we only bought it 4 years ago.