Tuesday, 16 August 2022 | The Latest Buzz for the Appraisal Industry

Reduced Competition, Declining Home Prices Help Calm Market

According to a new report from Redfin, the median sale price for U.S. homes came down 0.7% from its record-breaking June peak during the four weeks ending July 10. Sellers’ asking prices also came down 3% from their May peak as the share of homes with price drops hit another new high. Meanwhile, housing supply …

The post Reduced Competition, Declining Home Prices Help Calm Market appeared first on DSNews.

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