Homesellers Cutting Prices at Record Rate as Buyer’s Market Intensifies, Per Redfin Study
A record share of home sellers are slashing prices as the housing market increasingly favors buyers, according to new analysis from Redfin. According to the report, 34.2% of February home sellers lowered their list price—the highest February share in records dating back to 2012, up from 31.5% a year earlier. The data reveals a market…
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