✉news BusinessReal Estate first seen 13 h ago, last 5 h ago, peak #22
Housing Price Cuts Hit Yearly High as Inventory Rebounds
Original: Price Cuts Reach Yearly High as Inventory Nears Pre-Pandemic Levels
US housing market data shows sellers cutting prices at the highest rate of the year, while the number of homes for sale is approaching pre-pandemic levels. The report suggests the market is rebalancing after years of tight supply, giving buyers more leverage and prompting sellers to adjust expectations amid elevated mortgage rates.
Why now: The housing market is showing signs of rebalancing, affecting buyers, sellers and the real estate outlook.
Rank over time, top of the chart is #1. 7 snapshots from 13 h ago to 5 h ago.
Evidence
- Price Cuts Reach Yearly High as Inventory Nears Pre-Pandemic Levels · themortgagepoint.com
API: https://socialmediatrends-api.osmike.com/v1/trends/541762