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Housing market: Record share of home prices drop, Redfin says
The most recent pulse studying on the U.S. housing market demonstrates indications of a change — but however minimal value reduction for consumers. The number of household sellers who dropped their asking price shot up to a 6-thirty day period significant of 15{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} through a 4-week period of time ending on Could 1 — up from 9{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} a yr earlier, in accordance to Redfin’s most current report released Friday. That’s the premier annual acquire on file in Redfin’s weekly housing details, tracked by way of 2015. But that does not suggest homebuyers are looking at a great deal relief as the U.S. housing current market proceeds to see report home…